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BMW Brilliance 5-series New Energy Vehicle (2011)

BMW has presented the first official picture of its BMW Brilliance 5-series New Energy Vehicle, a hybrid long-wheelbase 5-series which will debut at the 2011 Shanghai motor show. BMW's brilliant New Energy Vehicle? How do you know?

Obama sought Ghosn to run GM, ex-car czar says

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.

U.S. vehicle sales rise 2 percent in April

UPDATED: U.S. light vehicle sales rose 2 percent in April to 1.2 million units, slightly above analysts' expectations, as consumers continued to snap up new cars and other fuel-efficient models at a faster clip than trucks and SUVs. In another sign the U.S.