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BMW spends $900 million on South Carolina plant to build the X4 SUV

BMW is expanding its lineup with the X4 and growing its manufacturing base with a $900 million investment in its Spartanburg, S.C., assembly plant. "This is in response to rising global demand for the BMW X family to include the BMW X4," BMW board member Frank-Peter Arndt said. BMW says the investment will create 300 new jobs at the plant.

Bring A Trailer exclusive: 1964 Porsche 356 SC

Today's collector highlight is a 1964 Porsche 356 SC. Amazingly, it's had only one owner since it was purchased in May 1964. The 1964 model year was the last for the 356, as the Porsche 911 debuted the same year.

Strand-Craft 122: It's a boat and a car

Feel like boating this holiday weekend? Here's what every AutoWeek reader needs: Mega-yacht builder Strand-Craft has introduced its extravagant 122, which the company calls a "high-performance streamlined Open super yacht." The art deco interior can be designed to suit your individual needs and includes a four double staterooms, heads, reception and salon areas. There are 52-inch LED televisions and Bang & Olufsen sound systems in all rooms.