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| June 09, 2008 | COPYRIGHT 2008 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

BMW confirms X1 plans

BMW plans to build the new X1 small sport/utility vehicle alongside the 1 Series and the 3 Series at its plant in Leipzig, Germany. The X1 is based on the 1 Series and will share some parts with the 3 Series. It's due in 2010 and will be smaller than the Mercedes-Benz B-Class.

An earlier decision made by BMW chairman Norbert Reithofer will see production of the second-generation X3 due in 2009 shift from Magna in Austria to BMW's plant in South Carolina. The free capacity at Magna will be used for production of the Mini Crossman, due for unveiling in concept form at October's Paris motor show.

Trouble at VW?

Volkswagen chairman Martin Winterkorn has indirectly threatened to resign if majority shareholder Porsche elects to control the German carmaker's day-to-day operations more closely.

In a verbal tirade apparently directed at Porsche chairman Wendelin Wiedeking, who has been criticized in many quarters for his alleged ...

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Source: HighBeam Research, This Week -- Extra.

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