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Buick to scrap trim levels

Buick will eliminate its “CX,” “CXL” and “CXS” trim levels in the 2012 model year, opting for a few “stair-step” packages instead, one of the brand's top marketers said today. “It isn't befitting a premium brand. No other premium brand has those designations,” said Craig Bierley, Buick-GMC director of advertising and sales promotion.

New BMW 2 Series M Performance Parts revealed

The new BMW 2 Series (pictured) gets a range of M Performance Parts The opposite side of the coin from debadging your high-end BMW so no one knows you’re packing a big punch is adding M Performance parts to turn your lowly diesel in to something that looks like it will win every traffic light grand prix going. And when the new BMW 2 Series Coupe – the replacement for the 1 Series Coupe – arrives in the UK in March 2014, buyers will have a wide range of options from the BMW M Performance Parts offerings to tweak the interior and exterior looks, suspension and the engine. Power upgrades are available for the 220d Coupe which increase the output of the 4-cylinder diesel by 16bhp and adds an extra 29lb/ft of torque for a new output of 197bhp and 310lb/ft of torque, despite which official economy figures remain unchanged.

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.