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New BMW 3-series bows, performance-oriented 335iS joins the lineup

A new performance-oriented 335iS model endowed with an M-sport styling kit and unique chassis settings heads the list of changes BMW brings to its facelifted 2011 3-series coupe and convertible. Set to slot into the lineup between an upgraded 335i and the M3 when it goes on sale in March as an exclusive for North America, the 335iS runs a tuned version of BMW's N54 engine, as found in the recently unveiled Z4 sDrive35iS, coupled to either a standard six-speed manual or an optional Getrag-engineered seven-speed dual-clutch gearbox. The twin-turbocharged 3.0-liter inline six-cylinder engine of the 335iS adds a special software package to bump power to 326 hp and lift torque to 332 lb-ft--or to an even gutsier 369 lb-ft for short periods via an overboost function that unleashes added turbocharger boost pressure.

Fiat 500e EV LOSES $14,000 on every one sold – so please don’t buy, says Marchionne

Fiat lose $14,000 on every electric 500e The electric Fiat 500e arrived as a concept at the Detroit Auto Show in 2010 and finally arrived as a production reality at the Los Angeles Show in 2012 before going on sale in the US. The 500e is an appealing little car for zapping around town, especially if you only do a relatively low mileage every day and have somewhere to plug it in. But it is rather expensive.

Volkswagen plans 4 million cars from one platform

Volkswagen is pushing the global-platform concept to a level unprecedented in the auto industry, introducing a modular platform this summer that eventually will be the basis of microcars, sedans, crossovers and SUVs for its four largest brands. While automakers now share platforms across brands and sometimes even segments, the VW initiative that starts this summer is far more ambitious than anything seen so far. By 2017, some analysts estimate, the MQB platform that debuts with the Audi A3 eventually will be used in 4 million units a year--close to half of VW's annual production.