Beechcraft Directional Gyro Indicator Aircraft Gauge on 2040-parts.com

Hyundai moving beyond 'value' brand reputation

Hyundai's U.S. boss says the brand is changing from a "value" brand into a "valuable" brand. John Krafcik, CEO of Hyundai Motor America, said the brand is quickly shedding its roots as a purveyor of new cars for used-car prices and becoming a major player in the global industry.

BMW to supply engines to Saab, reports say

Saab and BMW AG have agreed on a deal that allows the Swedish carmaker to use engines made by BMW, according to a person with direct knowledge of the matter. Saab will initially purchase BMW engines for the 9-3 model that is scheduled for release in late 2012, said the person, who asked not to be identified before a contract is signed. The carmakers plan to sign and announce the pact in Trollhattan, Sweden, on Wednesday, the person said.

Infiniti releases first look at JX crossover

Infiniti on Thursday released a first look at the JX seven-passenger crossover it plans to build at the Nissan assembly plant in Smyrna, Tenn. A concept of the JX will be shown publicly during the Pebble Beach Concours d'Elegance in August, and the production version is scheduled to debut at the Los Angeles auto show in November. The Infiniti JX is set to go on sale in spring 2012 as a 2013 model.