Saturday, January 23, 2010

BMW held a press event for its 2011MY 5-Series saloon

Lisbon, Portugal giving journalists their first taste of the all-new premium sedan before it goes on sale in Europe this March and shortly after in other key markets around the world. If you follow the jump, you can watch videos of both the new 535i and 530d from the Lisbon presentation as well as a short film on sedan's new parallel-park assist system.

Marchionne revealed plans to create

As part of these plans, the 52-year-old former VW and Audi executive was appointed today CEO of Alfa Romeo automobiles replacing Sergio Cravero, who will assume responsibility for Product Portfolio Planning & Product Concept of Fiat Group Automobiles.