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BMW creates mini version of Art Car by artist Jeff Koons

Known for his whimsical sculptures, artist Jeff Koons is using his skills to create limited-edition BMW Miniature Art Cars instead of giant stainless-steel balloon animals. Famed artists such as Andy Warhol and Roy Lichtenstein have created their own BMW Art Cars, and Koons is just the latest in a line such works since Alexander Calder painted the first installment in the Art Car Collection in 1975 Adorned with bright streaks of color against a black background, the full-size vehicle competed in Le Mans in 2010. Miniature models are available now.

GM, Ford and Chrysler sales advance on crossover, small-car demand

General Motors, Ford and Chrysler posted higher July sales, helped by demand for crossovers as well as small, fuel-efficient vehicles. GM said today its sales rose 8 percent last month from a year ago, with passenger car demand rising 8 percent and crossover sales increasing 20 percent. At Ford, sales rose 6 percent, with car demand advancing 3 percent and light truck sales up 12 percent.

2012 Buick Verano compact teased

Buick is teasing its future compact sedan called the Verano. A picture of the small car was released on Thursday along with the news that General Motors would spend $145 million to upgrade a factory in Lake Orion, Mich., to build the Buick and a Chevrolet small car. The Verano would be a 2012 model.