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Toyota, Microsoft team on telematics software

Toyota Motor Corp. and Microsoft Corp. are teaming up to develop a next-generation telematics software platform that the automaker expects will debut on Toyota electric and plug-in hybrid vehicles next year.

BMW Megacity Vehicle (MCV)

BMW's Project i – an internal codename for a possible sub-brand dedicated to green urban driving – has been in the works for some time. The Vision EfficientDynamics concept, unveiled at the 2009 Frankfurt Show, showcased some of the lightweight technological advances and design thinking behind the forthcoming zero-emission cars. Recently the firm held a Project i event, where it released teaser sketches of the first vehicle to result from the project, the Megacity Vehicle (MCV) – a four-seater electric car with a rear-mounted engine and rear wheel drive.

Nissan holds the sticker price steady on its 2012 Versa hatchback

Nissan said on Monday that the sticker price for the base version of the 2012 Versa hatchback will be the same as that of the 2011 model--$15,140, including shipping charges. The 2012 Versa S hatchback comes standard with a six-speed manual transmission. A four-speed automatic adds $1,000 to the sticker.