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CES opens with fewer big wheels, including carmakers

There are some grumblings that the annual CES is becoming less relevant in this era of 24-hour news and instant globalization of information on the internet. And you can make a good argument that the relevance of the world's largest consumer electronics show is at least evolving, for carmakers as well as for other industry giants. It has always been an industry only show, with no public -- the “consumers” in "consumer electronics" -- allowed.

BMW Alpina B7 gets power boost for 2013

The 2013 BMW Alpina B7, the performance version of the German automaker's 7-series sedan, gets an additional 40 hp--and a more costly sticker price--for the new model year. BMW plans to roll out the 2013 model at the Pebble Beach Concours d'Elegance in August and begin sales soon thereafter. Under the hood, power from the 4.4-liter V8 has been increased from 500 to 540 hp with the addition of BMW's throttle-less Valvetronic intake system.

56% of drivers 'underestimated car expense'

MORE THAN half of people who have bought a second-hand car in the last two years have found it more expensive to run than they expected, according to a Government-backed body. Some 56% of motorists said that total cost, including maintenance, repairs, insurance and fuel had turned out to be higher than anticipated and one in five drivers (20%) have resorted to going into debt just to keep their vehicle on the road, the Money Advice Service (MAS) found. One in four (26%) of the 3,000 people surveyed who have bought a second-hand car since 2012 now has regrets about their purchase, with many of them saying they had not worked out whether it was really affordable or that the purchase price was too much in the first place.