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2015 BMW M4 Convertible debuts: drop-top fun priced from $73,425

The 2015 BMW M4 Convertible made its official debut at the New York auto show yesterday. While the details of the high-octane hardtop didn't exactly catch us off-guard (see our full breakdown here), we now know how much it'll cost to feel the wind in your hair as you launch from 0-60 mph in 4.4 seconds: $73,425, to start. Complete pricing will be available closer to the M4 Convertible's sale date, which is “late summer” 2014, according to BMW.

Honda reportedly plans electric car for '15

Honda could be joining the growing ranks of electric-car makers and reportedly plans to sell one in the United States sometime around 2015. Reports in the Nikkei Business Daily in Japan say that the car would arrive then as part of Honda's plans to meet stricter mileage standards set to take effect for the 2016 model year. The car would be Honda's answer to the Nissan Leaf and the Chevrolet Volt, which have announced eye-popping mpg figures and are due next year.

Ford begins Daventry site transformation

FORD IS to invest millions of pounds in a new, state-of-the-art training facility on its existing site in Daventry, Northamptonshire, as part of a wider forward-looking programme. The new site will merge the capabilities of two existing Ford colleges – the Technical Training Centre located separately at Daventry, and the Henry Ford College in Loughborough, which provides training for technicians, sales staff and management throughout Ford’s national dealer network. Scheduled to open next year, the brand-new centre will replace the existing facilities to become a centre of excellence for training across the country.