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VW exec Jacoby reportedly heading to Volvo

Volkswagen of America said it is in talks with CEO Stefan Jacoby, who reportedly has been tapped to run Volvo Car Corp. In the meantime, VW has temporarily named two executives to take over Jacoby's duties, the German automaker said in a statement Thursday. "We are holding contract talks with Stefan Jacoby," the statement said.

BMW to market new small-car line in U.S.

BMW AG's new front-wheel drive family of cars will be sold in the United States but the question is whether the U.S. market is ready to accept vehicles smaller than the 1-series coupe, said Ian Robertson, BMW AG board member for sales and marketing. The new class is being called UKL--an abbreviation for lower compact class cars sold in Germany.

MINI Clubman Bond Street: It’s another MINI Special Edition

The MINI Clubman Bond Street, named after London’s Bond Street Shopping district, has been revealed ahead of a Geneva 2013 debut. As has been MINI’s strategy for a while, all MINI Special Editions are named after London districts, this time one of London’s shopping areas – Bond Street – and nothing to do with James Bond (much as MINI might have liked to find a 007 connection). The MINI Clubman Bond Street gets the usual special edition fare of custom paint job – this time Midnight Black with Cool Champagne highlights – a set of stripes, black twin-spoke alloys with Champagne centres and ‘Bond Street’ on the side indicator surrounds and sills.