Banshee Inframe Pipe on 2040-parts.com

Next BMW X1 loses inline-six, gets smaller and lighter

The second-generation BMW X1, expected here in early 2016, is smaller and lighter than the existing first-generation model. The new X1 loses optional six-cylinder power; a new high-output four-cylinder replaces it. A high-ranking BMW manager confirmed the new X1 abandons today's longitudinal engine layout for a version of the new transverse-engine platform the 2-series Active Tourer uses.

News watch December 2010: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourFriday 31 December 2010• A judge in Manhattan has dismissed two lawsuits from hedge funds claiming for $2bn losses when it bought VW shares in 2008. Elliott Associates LP, Black Diamond Offshore and 39 other funds filed a complaint, claiming Porsche misled short-sellers who hadn't realised that Porsche had cornered the market in VW shares (Automotive News)Thursday 30 December 2010• Volvo plans to hire an extra 200 staff as it claims demand for its cars is rising.

Opel offers glimpse at futuristic Monza concept car

Opel is about to show us a glimpse of its future with the Monza concept car, which will be revealed at the Frankfurt Motor Show later this fall. The Monza, a nameplate we haven't seen for a while, will preview Opels of the near future, showcasing technology and design rather than being a production-ready car. But some of the styling will surely trickle down to the company's road cars.