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Geneva Show 2014: BMW goes front-wheel-drive with 2 Series

HISTORY has been made on the BMW stand at the Geneva Motor Show as it has revealed the production version of its first front-wheel-drive car. The 2 Series Active Tourer is a compact MPV, also a new segment for the firm, and under the distinctive exterior it uses the same chassis and clever three-cylinder engine as seen in the new Mini. In doing so it becomes the first production BMW to send drive to the front wheels alone.

GM files plan for stock offering

General Motors Co., moving to unwind itself from government control, on Wednesday filed plans to go public and begin selling common shares as early as this fall. The filing--anticipated for weeks--came just 13 months after GM was restructured in bankruptcy with $50 billion in direct aid from the U.S. government.

Lincoln hires ex-Cadillac designer

Lincoln has hired ex-Cadillac designer Max Wolff to be its design director starting on Jan. 3. Wolff, 38, will oversee the look of Ford's luxury brand as it plans to launch seven new vehicles over the next four years, including its first C-segment small car.