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BMW Gran Lusso Coupe Concept plots 8-series return

This sleek two door coupe concept, unveiled at the 2013 Villa d'Este Concourso d'Eleganza on Italy's Lake Como shores, could provide the stylistic inspiration for a BMW 8-series return. The Pininfarina Gran Lusso Coupe is a contemporary four seater created in cooperation between BMW's in-house design team headed by Karim Habib and famed Italian design house Pininfarina. The car is based on a modified rear-drive BMW 7-series platform and uses the 760i's 6.0-liter, 536-hp turbo V12 for power.

Daimler to build a fifth Mercedes-Benz model at its Alabama plant

Daimler AG said it will invest $350 million to produce a fifth Mercedes-Benz model at its factory in Vance, Ala., starting in 2015. The investment will create an additional 400 jobs at the plant. The company did not provide details about the additional vehicle.

Musk says no recall after Tesla Model S fires

Following a series of collisions resulting in vehicle fires, Tesla Motor’s Elon Musk recently told Bloomberg that the electric Model S will “definitely” not be recalled by the automaker. The National Highway Traffic Safety Administration has agreed -- so far. NHTSA decided against a full investigation after the second Model S fire in October.