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Volkswagen chief: No. 1 in the world by 2018

Volkswagen chairman Martin Winterkorn reaffirmed his company's ambitious and audacious goals on Wednesday night on the eve of the Paris motor show: pass Toyota and General Motors for the title of world's largest automaker in 2018. Winterkorn was the final speaker after an event that featured unveilings from each of the German conglomerate's brands. He said his company wants to record total sales of 10 million in eight years, which would vault it pass the current levels of global leaders Toyota and GM.

BMW M550d, X5 M50d & X6 M50d Official

BMW M550d - it's official As expected, the BMW M550d, BMW X5 M50d and BMW X6 M50d have been revealed as the first models in the new BMW M Division range. After speculation going back a couple of years, BMW has finally revealed a triumvirate of mighty diesel-powered M Division cars, with the unveiling of the M550d, X5 M50d and X6 M50d, all of which will debut officially at Geneva 2012 before going on sale later this year. First to arrive will be the X5 M50d and X6 M50d in the summer, with the M550d Saloon and M550d Estate probably not hitting the UK until close to the end of the year, but the UK won’t be getting the M550d xDrive – our cars will be RWD.

Jaguar breaks down XF, XK and XJ for 2014

Jaguar broke down its lineup for 2014 on Tuesday. There aren't too many changes for the new model year, but there are a few. The XF gets a new package that includes blind spot monitor, adaptive front lights, and intelligent high beams.