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Why this year's UAW-Detroit 3 talks don't matter

Here's what you need to know about the current UAW contract talks with the Detroit 3: They don't really matter. Oh, sure, agreements must be reached and contracts signed. But some commentators would have you believe the Detroit 3's future competitiveness hinges on their ability to stand up to the UAW in this year's negotiations.

BMW DesignworksUSA heads to China

In light of its growth within China, BMW plans to open a DesignworksUSA studio in the country. Building on its studio portfolio of Los Angeles, Munich and Singapore, the Shanghai studio will be added to the repertoire in the second half of 2011. The DesignworksUSA project acts as a 'think-tank' for all of BMW's brands, as well as creating design for clients from diverse industries.

Volkswagen teases with sketch of new sedan for Tennessee factory

Volkswagen AG on Thursday released a sketch of the mid-sized sedan that will be built at VW's factory now under construction in Chattanooga, Tenn. The mid-sized sedan, which has yet to be named, will be slightly larger than the Passat. VW plans to build 150,000 units annually when the factory opens in early 2011.