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GM cuts Facebook ad spending, but Ford steps on the gas

On the eve of Facebook's wildly anticipated initial public stock offering, General Motors said May 15 that it will stop buying advertisements on Facebook--about $10 million a year--but "remains committed" to the social network as part of "an aggressive content strategy with all our products and brands." In other words, GM will not pay Facebook for ads but will continue to maintain content, for which Facebook doesn't collect revenue. News of the decision was reported in The Wall Street Journal. But GM's position is far from universal.

BMW M5 Diesel Confirmed – the BMW M550d, perhaps?

A diesel M5 - the BMW M550d, perhaps? We’ve been reporting on BMW’s triple-turbo diesel engine since we broke the news back in 2009 that BMW could be working on a triple turbo option for their 3.0 litre diesel, designed to create an ‘M Diesel’. And it now looks as though that will arrive as the BMW M550d – or a variation on that name – as soon as 2012.

Abarth 695 biposto is the quickest Fiat 500: Geneva Motor Show

The Abarth 695 biposto (pictured) is the the most extreme Fiat 500 The revised Fiat 500 range for 2014 is on show at the Geneva Motor Show this week with some nice revisions to take Fiat’s iconic little 500 forward. But if you want a Fiat 500 with decent get up and go you need to look at the Abarth 500s and now – also debuting at Geneva – you’ll also have the option of the quickest Abarth to date – the new Abarth 695 biposto. The 695 biposto comes with a 1.4 litre turbocharged engine delivering 187bhp, enough for a power to weight ratio of an impressive 5.2kg/hp thanks to weight savings cutting the 695 biposto’s weight to just 997kg.