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BMW to build front-drive sedan

BMW boss Norbert Reithofer has surefire plans for a new front-wheel-drive entry-level sedan, falling in just below the existing 3-series sedan. The new four-door, known internally at BMW's Munich-based headquarters under the working title NES (New Entry-level Sedan), forms part of a new range of front-wheel-drive models set to join the BMW lineup in the near future. “The NES is integral to our growth plans,” a BMW insider source revealed.

SPD offers scholarships for autumn program with Volkswagen Group

The Scuola Politecnica di Design is giving away eight scholarships for its autumn program in collaboration with the Volkswagen Group. The scholarships are aimed at students with degrees in transportation or car design, automotive engineering or equivalent degrees that show a high level of potential. The successful eight students will be given scholarships and will begin their studies at the Milan-based SPD on October 24. The awarding of the scholarships will be decided by a ‘motivational interview', an evaluation of the student's portfolio and the submission of a conceptual project assignment, with the election process being conducted jointly by the SPD and Volkswagen.

Ferrari Superamerica 45: One-off 599 created for wealthy American customer

Ferrari has revealed a one-off version of the 599 commissioned by New York-based art collector and property developer Peter Kalikow. Called the Superamerica 45, the new open-top car was created to commemorate the 45th anniversary of Kalikow's first Ferrari purchase, a secondhand 400 Superamerica convertible. It will go on public display for the first time at this weekend's Concorso d'Eleganza Villa D'Este on the shores of Lake Como in Italy.