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2014 BMW X5 comes with 2WD and 4-Cylinder engine options (video)

The new 2014 BMW X5 – quicker, bigger and more frugal Critics may snipe at the BMW X5′s lack of off-road ability as its Achilles heel, but the truth is that the vast majority of X5 owners will never venture anywhere muddier than a boot sale car park. So the trade-off for a great on-road drive is a small price to pay. So X5 owners – and potential owners – will be pleased to know that BMW hasn’t messed with their winning formula in the new 2014 X5, they’ve just added more of the same.

Karmann files for insolvency

Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.

Acura retools lineup to put the focus on mpg

Honda will overhaul and reposition its Acura lineup over the next 18 months and abandon its long pursuit of top-tier luxury-car status for the brand. After years of trying to propel Acura into the front ranks with Mercedes-Benz, BMW and Lexus, Honda says it will settle for offering mid-level premium vehicles that favor fuel economy over performance. With one exception: At the Detroit auto show in January, Honda will bring back the Ferrari-fighting Acura NSX--a new version of the mid-engine supercar that disappeared in 2005 after a 15-year run.