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BMW Guggenheim Lab

With many surveys suggesting the world's automobile buyers are growing younger and more urban, saavy automobile companies are rushing to show their concern with cities, the future - and the future of cities. In New York City recently, black Audi A8s recently ferried 'influencers' to the Lower East Side area around the New Museum to attend an Audi supported Urban Future Initiative part of the area's Festival of Ideas. The Volkswagen Group and the Museum of Modern Art promise a major announcement of future cooperation, on May 23, and BMW recently announced that it is supporting the Guggenheim Museum in a six-year, nine-city endeavor called the BMW Guggenheim Lab.

Jaguar-Land Rover officially sold (2008)

By Ben Pulman Motor Industry 02 June 2008 15:37 Jaguar and Land Rover are now officially Indian-owned. The sale of the two iconic British brands was completed today, and ownership has now passed from Ford to Tata in exchange for $2.3bn in cash (£1.17bn). The sale means Jag/LR is debt-free, with none of the money used to fund the purchase being offset against the pair’s worth.

VW Beetle GSR Limited Edition gets 207bhp

Volkswagen are launching a limited edition of the Beetle – the VW Beetle GSR – with yellow and black paint job and 207bhp. The Beetle GSR stays relatively faithful to the paint job on its granddad with the bonnet and boot of the GSR in black, as are the roof and mirrors, and there are yellow and black stripes with ‘GSR’ lettering on the sides, all setting off the yellow paint job and 19″ alloys completing the exterior. Oddly, despite the GSR paying tribute to its 1970s predecessor, you can also order your GSR in Platinum Grey or Black. Inside, the new GSR gets R-Line racing track sports seats with cloth upholstery and yellow stitching )although our Colonial cousins get full leather) and a leather steering wheel with the build number – 1 to 3,500 – on a badge on the wheel, R-Line dash, GSR gear stick, leather handbrake cover and black mats with yellow trim.