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Who's Where: Karim Habib appointed Head of BMW Design

Karim Habib has been promoted to the position of Head of BMW Design, a role that will see the 42-year-old Lebanon-born Canadian oversee the design of all BMW cars. Habib has held the position of Head of Exterior Design since March 2011 and will take up his new role at the start of next month. Habib is perhaps best known for his major contribution to the development of the current BMW 7 Series and Concept CS.

Avis buys Zipcar and grows car-sharing capabilities internationally

Zipcar, a car-sharing company that specializes in renting cars by the hour or day, announced Wednesday it will be acquired by Avis Budget for $491 million, or $12.25 a share. The action will help Avis compete against Hertz Global Holdings, which became the world's second largest car-rental company in 2012 following its purchase of Dollar Thrifty car-rental company for $2.6 billion, according to a Bloomberg report. “By combining with Zipcar, we will significantly increase our growth potential -- both in the U.S.

Ford expands use of inflatable rear seatbelt

Ford Motor Co. is expanding the availability of inflatable rear seatbelts to the Ford Flex wagon and some Lincoln vehicles, starting next summer. The safety technology was first introduced on the redesigned Ford Explorer earlier this year as a $195 option.