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Ford, GM post biggest drops, industry sales slump continues

Ford Motor Co. and General Motors posted the sharpest sales declines among major automakers as the industry headed toward its sixth straight monthly drop of more than 30 percent. Ford's March sales fell 42.1 percent and GM's were down 44.7 percent, for its fifth decline of more than 40 percent in the past six months.

BMW M3 Matte Edition: China only

BMW M3 Matte Edition - China's second limited edition M3 in a year It’s less than a year since China got it’s last BMW M3 special – the BMW M3 Tiger Edition – so we’re guessing it sold rather well as BMW has launched another limited edition M3 just for the Chinese market – the BMW M3 Matte Edition. It isn’t going to be horribly difficult to work out that the defining feature of the M3 Matte Edition is its paint job. It’s Matt Black.

Scion considers moving upscale

Toyota's struggling Scion brand may move upscale to challenge entry-level luxury models coming from European automakers. The new lower-luxury niche includes Mini, the front-wheel-drive Mercedes-Benz CLA arriving this fall and Audi's compact A3 sedan shown last week on the eve of the New York auto show. Scion has gone after young entry-level buyers since its inception 10 years ago but has lost its early momentum.