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New range-topping BMW X7 SUV confirmed

BMW has officially confirmed it will add a new range-topping SUV called the X7 to its lineup. The X7 will be the largest SUV ever produced by BMW, offering seating for up to seven in three rows of seats. X7 production will start in 2016 at BMW's Spartanburg plant in South Carolina.

First sight: Volkswagen Passat (2015)

In recent years, European buyers have been switching their mid-size sedans and wagons for smaller cars, crossovers and SUVs. The Volkswagen Passat, Europe's most successful company car, has defined this market segment pretty much since it arrived back in 1973, and this latest, eighth-generation model has been designed to attempt to reverse that buying trend. When we catch up with design director Dr Klaus Bischoff at the car's unveiling, he's certainly confident that the new car represents a significant step forward.

Toyota, Honda soar in May comeback; Chrysler extends gains

Chrysler Group posted a 30 percent increase in sales last month and General Motors and Ford rebounded from April declines as the U.S. auto industry showed signs of a sharp recovery from weak results a year ago. Toyota Motor Corp.