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Concept Car of the Week: GM-X Stiletto (1964)

With dreams of flying cars as the ultimate inspiration, General Motors designers in the ‘60s used every trick possible to make their creations appear as though they were floating – long, straight bodies, wheels pushed in and hidden away, large fins and lights that looked like rockets. As William L. Mitchell took the reins of GM Design, he brought a more high-tech approach, with simpler surfaces, a more restrained use of chrome and a general sense of elegant simplicity.

New Honda CEO to focus on R&D

Takanobu Ito, newly named as the next president and CEO of Honda Motor Co., will redouble the company's focus on research as it grapples with a global market meltdown. Honda presidents traditionally cut their teeth at the automaker's cherished development subsidiary, Honda R&D Co. Ltd.

BMW confirms X4 production

BMW has confirmed plans for an X4 SUV, a spokesman told Autoweek. As the name implies, the ute would slot in between the X3 and the X5 and likely get an M variant. BMW would distinguish the X4 from the other models with a bolder face and perhaps a curvier body--much in the manner in which the X6 stands out from the rest of the SUV line.