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BMW 3-series (2012): our comprehensive guide to F30

BMW has sold 12 million 3-series models since 1975; it’s an important car, one that accounts for a third of global BMW sales. The sixth-generation, codenamed F30, has a lot to live up to, then. Here are the key changes: Chassis The F30 is still, of course, rear-wheel drive, has 50:50 weight distribution, and sticks with the MacPherson strut front/multi-link rear suspension layout of its predecessors rather than following the double-wishbone front suspension employed by the new F10 5-series.

Saab on brink of closing after GM rejects rescue plan

Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.

Two top Ford execs to retire

Two top Ford Motor Co. executives, CFO Lewis Booth and global product development chief Derrick Kuzak-- both key architects of the automaker's recovery--will retire on April 1, the automaker said Thursday. Booth, 63, will be succeeded by Bob Shanks, Ford's vice president and controller.