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Jaguar to close heritage center, searches for new site

Jaguar says it will close its Heritage Museum in Browns Lane in the United Kingdom in September. The company is looking for a new home to display the collection. “Heritage is extremely important to us,” said Faye Goldstraw, senior press officer for Jaguar U.K.

Carlos Ghosn's automaker mantra: Go big or you'll go away

Size matters in auto company survival, Renault and Nissan CEO Carlos Ghosn told an audience in Detroit on Tuesday. To cope with the escalating costs and scope of a global industry, successful automakers must complete a trifecta--be able to compete in every technology, every market and every segment, Ghosn said during a luncheon speech at the Detroit Economic Club “No 3 million-unit carmaker can make it,” Ghosn said, explaining why his Renault-Nissan alliance forged an alliance with Germany's Daimler AG. Competency in one or two of the three skills is not enough, and only very large companies can afford all three, he said.

BMW limits special-edition M3 coupe to 30 copies for the United States

As the 25th anniversary of the M3 draws near, BMW is starting the celebration a bit early with a limited-edition M3 coupe for U.S. buyers. And BMW means limited--it will sell only 30 copies of the car, painted in a color called Frozen Gray.