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Ford C-Max Energi qualifies for California tax credits, HOV lane

The 2012 Ford C-Max Energi plug-in hybrid will cost as little as $28,495 in California after $5,250 in tax credits available for buyers. It was also just approved for the high-occupancy vehicle lane in the Golden State. The C-Max Energi is rated for 21 miles on electric power only.

New BMW 4-Series shows its sporty side with M Performance add-ons

The BMW 4 Series M Performance Parts have been revealed (pictured) The new BMW 4-Series Coupe may not have arrived in BMW showrooms yet, but that hasn’t stopped BMW showcasing how you can spend extra money on your new 4-Series with a range of M Performance accessories. So when you do go and spec up your new 4-Series you’ll also be able to tick some of the boxes on the M Performance Accessories list for your dealer to fit when your car arrives for delivery and (almost) turn it in to an imitation M4 Coupe if you wish. Probably the biggest seller will be the showy stuff, like the M-Performance body kit which adds a lower front bumper with carbon fibre splitter and bigger air intakes, bigger sills, new back bumper with diffuser and ducts, carbon fibre spoiler at the back, dark chrome trim and carbon fibre door mirror caps.

Fiat's Montezemolo plans to quit as chairman, sources say

Fiat S.p.A. Chairman Luca Cordero di Montezemolo will quit as company chairman to go into politics, three sources close to the company said. Montezemolo is set to stay on Fiat group's board, as well as remain chairman of the company's Ferrari sports car subsidiary.