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BMW wants to sell 1,000 of its fire-breathing hybrids in the U.S.

It's literally a grand strategy: BMW is aiming to sell 1,000 of its new hybrids based on the 7-series and the X6 in their first year in the United States. The two hybrids will be revealed in production trim at the Frankfurt auto show this month. They use eco-technology to boost fuel economy and performance.

Nissan to slash jobs, production after forecasting $2.9 billion loss

Reversing his profit forecast to a loss, Nissan Motor Co. CEO Carlos Ghosn entered crisis mode on Monday. Ghosn announced plans to slash 20,000 jobs, cut production by 20 percent, scale back model launches and delay new factories.

Volvo teases 2015 XC90 with Detroit concept

The Volvo Concept XC Coupe is one of those ghastly SUV lifestyle coupe on stilt things that will be loved by Bob from the office who goes mountain hopping and white water rafting at weekends for fun. OK, that’s a little harsh. Really it’s an indication of how the new 2015 Volvo XC90 will look when it’s released next year.