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BMW 0 Series revealed? +video

Is this the BMW 0 Series? If BMW are going to go further downmarket in their quest for more sales – which we know they are with their plans for front wheel drive BMWs – then short of a sub-brand marque (entirely possible some will wear the Isetta or i-setta badge) then the only number we have to play with is a big, fat 0. It seems daft to give a BMW a leading 0 and its own series, but it certainly looks to be under consideration.

Congress scales back tax break for car buyers

A proposed tax break for new-vehicle buyers is dramatically scaled back in the final version of the economic stimulus bill. Auto dealers and their allies had sought to make interest on auto loans and the sales and excise taxes on new-vehicle purchases deductible from federal taxes. Proponents say those measures are needed to boost showroom traffic and sales.

Honda Fit gets new color for 2013, base price stays the same

The 2013 Honda Fit carries a base sticker price of $16,115 including $790 destination—the same as that of the 2012 model—when it arrives in dealerships on Tuesday. Changes for 2013 consist of a new exterior color, named midnight plum pearl. The orange burst metallic paint is canceled.