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Toyota announces prices of the Prius V and Prius Plug-in hybrid

Toyota announced pricing of the new Prius V and Prius Plug-in on Friday. The new compact V wagon will carry an MSRP of $27,160, while the plug-in hybrid stickers at $32,760. Both include $760 in destination and handling, but only the plug-in is expected to qualify for the $2,500 government tax credit.

Who's Where: Bryan Nesbitt appointed VP of Design for GM North America

General Motors is looking to inject some newfound flair into its North American product lineup. Effective June 1, Bryan Nesbitt, currently Executive Director of Design at General Motors Europe will become Vice President of Design for North America and relocate to the company's technology headquarters in Warren, Michigan. The 38 year old, credited with the forward-thinking but retro PT Cruiser design in 1996, began his career at DaimlerChrysler and became the youngest design executive when he was appointed Executive Director of Body Frame Integral at General Motors in 2002.

BMW to offer four-cylinder diesels in North America to improve fuel efficiency

BMW will offer four-cylinder diesel engines in North America as it seeks to improve fuel efficiency and match the performance of its current six-cylinder gasoline engines. BMW is considering diesels in a range of models, including its 1 series, 3 series and 5 series sedans and possibly the X3 crossover and Z4 roadster, said Tom Baloga, vice president of engineering for BMW of North America. "You're going to see it in the 3 series, and the 5 series is a good possibility," Baloga said.