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GM prepares to announce Pontiac closure next week

General Motors is preparing to announce early next week that the Pontiac brand will be eliminated, said a source familiar with the company's plans. The announcement will be made as part of an updated viability report to the U.S. auto task force, the source said.

Stile Bertone goes independent

Stile Bertone is to forge an independent future under a new managing director by splitting with its coachbuilding arm and following a new business strategy. The changes were rubber-stamped at a meeting in Turin on Monday. The new managing director is former Aprilia CEO Teresio Gaudio, who has been a consultant to the Bertone family while the future of the business was sorted out.

BMW X4 to launch at New York Auto Show in April

BMW X4 to launch at New York Auto Show in April The surprising success of the coupe version of the BMW X5 – the BMW X6 – made it highly probable that BMW would pull a similar trick with the X3 by building a coupe version of their smaller SUV. That probability became a certainty when BMW revealed a the BMW X4 Concept at the Shanghai Motor Show, looking just like an X6 on a boil wash. Although BMW didn’t give any major details about what goes under the X4′s bonnet, it’s safe to assume the X4 will come with a similar engine lineup to the X3, an interior that’s also similar and a price point that’s a bit higher.