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Video: BMW M1 Hommage

BMW took the wraps off its latest concept car at the Concorso d'Eleganza in Villa d'Este this past weekend. Called the M1 Hommage, the concept is exactly what it says on the tin: pay homage to the iconic M1 designed by Giorgio Giugiaro, which celebrates its 30th birthday this year. The design of the M1 Hommage concept is a thoroughly modern interpretation of the original - compete with a louvered rear window - but it has grown in size over its thirty year old forebear.

BMW goes front-wheel drive for the 2-series Active Tourer

BMW's long-held reputation for producing only rear- and four-wheel drive vehicles comes to an end with the the new 2-series Active Tourer, its first-ever front-wheel-drive production model. The cornerstone of BMW's Geneva show stand next month, the 2-series Active Tourer marks a significant turning point for the German automaker, adopting a transverse-mounted engine and standard FWD. It arrives here in early 2015.

Toyota ends powertrain deal with Tesla

To the surprise of no one, Toyota has announced the end of a partnership with Tesla that gave rise to the slow-selling RAV4 EV, which will be replaced by a fuel cell car next year. Toyota has said that it can't meet California's zero-emission vehicle (ZEV) mandate profitably with electric cars, but it thinks it can make money, or at least not lose so much of it, with fuel cells. Toyota signed a $100 million joint development deal in 2011 with Tesla, to build powertrains for its RAV4 EV.