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Extra-long-wheelbase BMW 7-series rumored for 2016

BMW may be planning to field an extra-long-wheelbase 7-series after the current model is replaced for the 2016 model year, BimmerToday reports. The current-generation 7-series has been with us since 2008, though its replacement is almost around the corner, relatively speaking. And even though the current version does not offer an extra-long-wheelbase body style, one based on the all-new 2016 BMW 7 series may be in the works.

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.

Gales and rain hit Christmas travel

PEOPLE WANTING to get home for Christmas face major disruption as strong gales and torrential rain threaten to cause travel chaos. Severe weather warnings are in place for much of the UK today until 9am on Christmas Eve, threatening to cause localised flooding across southern England and Wales. Strong winds are expected across much of the UK, with winds of up to 80mph in coastal areas of southern England, while Scotland is braced for sleet and snow storms and icy roads, the Met Office said.