Mercury 650 Drive Shaft Housing on 2040-parts.com

BMW's new i concepts revealed

It was meant to be a modest, intimate affair for a select group of media. Yet as we flew to Frankfurt the day before the unveiling of BMW's i3 and i8 concept cars, it became quite clear that this was not to be the case. With hundreds of journalists flown in from all over, a live web broadcast to the rest of the globe, and, for the first time in history, the entire BMW board present in one room, project i is clearly vital to BMW's future product strategy.

News watch August 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 31 August 2012•European car sales continue to struggle, down 8.2% in July. Spain, europe's biggest market, saw sales frop the most, by a massive 26%.

Mercedes AMG changes leaders

There’s a changing of the guard at Mercedes AMG. Volker Morninweg is leaving to become head of the company’s van division on April 1. He’ll be replaced by Ola Kaellenius, who was most recently in charge of the Mercedes plant in Tuscaloosa, Ala.