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Volvo discontinues S40 and V50 for 2012

Volvo will discontinue the S40 sedan and the V50 wagon for the 2012 model year in the United States. The second-generation S40 came out in 2004, and the V50 debuted in 2005. According to Volvo spokesman Dan Johnston, S40 sales were down 29 percent by the end of last year and V50 sales were down more than 50 percent.

2015 Subaru WRX and STI prices revealed

Subaru enthusiasts will be able to get into a 2015 WRX starting at a base price of $27,090, including destination, for the standard six-speed manual model. That's a bit more than the 2014 model, which started at $26,790, but with Subaru’s entirely new platform, we’d like to think the extra $300 is worth it. This 2015 WRX will sport a 2.0-liter direct-injection turbo flat-four engine under the hood, making 268 hp and 258 lb-ft of torque.

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.