News Snapshot:
BMW on Monday evening unveiled a new high-performance concept vehicle that previews an electrified crossover expected to begin production late next year in South Carolina. The new production car, called the BMW XM, will be available exclusively as a plug-in hybrid electric vehicle under the company's "M" performance division, the automaker said. The concept car unveiled Monday includes a V-8 engine combined with electric motors to offer 750 horsepower and 737 foot-pounds of torque. A BMW spokesman declined to confirm whether the production vehicle will match those performance metrics, but a release called the forthcoming vehicle the "most powerful BMW...
