Volkswagen/audi Genuine Cap 1k2-611-349c on 2040-parts.com

BMW to offer rear-wheel drive X3 SUV

Most BMW X3s spend a negligible amount of time off road - apart from crunching across Middle England's gravel driveways - so BMW has seen fit to release a version that ditches the all-paw capacity and reverts to classic rear-wheel drive. While it's still going to be some way from a classic rear-drive Ultimate Driving Machine, the X3 sDrive18d is the cheapest and most economical way into X3 ownership. You'll be able to get your hands on one from £28,580 when it arrives in the UK in the autumn of 2012.

Saab parent company to sell Spyker luxury brand to U.S. firm

Saab parent company Swedish Automobile plans to sell its Spyker luxury-sports-car brand to U.S. private-equity firm North Street Capital for about $44 million. Spyker has been careful to point out to European news sources that the agreement has not been made final.

College Exhibition: IED Fiat/Chrysler project

Second year students at the Istituto Europeo di Design (IED) in Turin, Italy, recently completed a Fiat/Chrysler sponsored project, which began in February 2009. Conceived as a didactic exercise to think about the recent alliance between Fiat and Chrysler, 37 students were asked to design a vehicle capable of combining the technical know-how, platforms and values of both brands in order to generate interesting and competitive new products for the European and the American markets. In creating their concepts, students were asked to take into account the style, economic accessibility and the low environmental impact of Fiat vehicles as well as the new platforms and major industrial and production capacity afforded by the Italian automaker's alliance with the Chrysler brand.