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BMW concept stars in Mission Impossible – Ghost Protocol

BMW's EfficientDynamics concept car will star alongside Tom Cruise in Mission Impossible – Ghost Protocol, the next installment in the series of hit Hollywood blockbusters. Chosen for its embodiment of the latest technologies – not to mention its avantgarde aesthetic – the BMW EfficientDynamics was first displayed at the 2009 Frankfurt motor show. "With its futuristic design and large glass surfaces, the car offers a fascinating perspective on the future of sheer driving pleasure - in combination with maximum efficiency," said Ian Robertson, BMW AG Board Member for Sales and Marketing.

Ferrari apologizes for employee filmed doing donuts in China

Ferrari issued an apology on Wednesday after one of its employees was filmed doing donuts in a 458 Italia 20th Anniversary Special Edition on the 600-year-old Ming Dynasty wall in the city of Nanjing. The online community has been up in arms, with users of Wiebo, China's version of Twitter, being allowed to complain the loudest. Much of the anger was directed at the Chinese government, which rented the wall for the occasion at a cost of $12,000.

New Honda CEO to focus on R&D

Takanobu Ito, newly named as the next president and CEO of Honda Motor Co., will redouble the company's focus on research as it grapples with a global market meltdown. Honda presidents traditionally cut their teeth at the automaker's cherished development subsidiary, Honda R&D Co. Ltd.