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BMW to invest £500 million in UK MINI production

David Cameron welcomes BMW's £500 million investment in the UK What’s going on? Two days on the trot we get good news about the UK economy. Yesterday we reported that Nissan are to invest £192 million to design and build the next generation Qashqai in the UK, and today comes confirmation from BMW that they will be spending £500 million over the next three years in the UK as they gear up for the next generation MINI.

Diesel Jeep Grand Cherokee coming in 2013

Chrysler Group will offer a diesel Jeep Grand Cherokee in North America in 2013, and add a third shift at a Detroit SUV plant next year. The diesel Grand Cherokee will return to the North America market for the first time since 2008, spokesman Todd Goyer said. Jeep has continued to sell diesel versions of its SUV lineup elsewhere.

Kia shows off rear-drive Stinger again before Detroit auto show

Kia dropped another teaser shot of its GT4 Stinger, headed for the Detroit auto show next week. It's an overhead view, giving us a good look at the fender flares. The GT4 will house a 2.0-liter turbocharged, direct injected four-cylinder, which delivers 315 hp.