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Who's Where: Peter Arcadipane appointed BAIC's design director

Peter Arcadipane has joined BAIC as its new design director. Based at its new hi-tech design facility in Beijing, China, he oversees a team of around 130 designers. The Australian designer, formerly of Mercedes-Benz, has been challenged to steer state-owned BAIC towards a more coherent and strategic position within China, with its chairman wanting to take the carmaker more upmarket.

Land Rover reveals Range Rover Hybrid at the 2013 Frankfurt Motor Show

Land Rover has launched the world's first posh diesel hybrid at the 2013 Frankfurt Motor Show. The Range Rover Hybrid promises V8 diesel performance but with 25% lower CO2 emissions and economy of more than 44mpg. The new Range Rover Hybrid range actually goes on sale today, during the first press day of the 2013 Frankfurt Motor Show, with Land Rover delivering the first models in early 2014.

Avis buys Zipcar and grows car-sharing capabilities internationally

Zipcar, a car-sharing company that specializes in renting cars by the hour or day, announced Wednesday it will be acquired by Avis Budget for $491 million, or $12.25 a share. The action will help Avis compete against Hertz Global Holdings, which became the world's second largest car-rental company in 2012 following its purchase of Dollar Thrifty car-rental company for $2.6 billion, according to a Bloomberg report. “By combining with Zipcar, we will significantly increase our growth potential -- both in the U.S.