It’s time again to celebrate the getting over the hump with a little Auto News Wrap-Up!

1.) BMW has recently announced their new 2013 135is, a 1 Series performance model reminiscent of the short lived 1 Series M Coupe. The 135is is available in both coupe and convertible body styles. It uses a more powerful version of the engine that the 135i has, enhanced to 320 horsepower and 317 pound-feet of torque. It is available with both a six-speed manual and seven-speed dual-clutch transmission. It is available to order right now, with deliveries starting in the fall. Pricing starts at $44,195 for the coupe and $44,895 for the convertible.

2.) It was recently reported in the Wall Street Journal that GM has decided to cut their advertising on Facebook almost completely. The automaker will still utilize the free Facebook pages for marketing, but will end their paid advertising on the social media site. GM currently spends approximately $40 million to maintain their Facebook marketing with $10 million of that number going towards paid ads. And despite a recent meeting with Facebook reps to discuss their concerns, GM is still set to pull the plug.

3.) Good news for fans of Nissan Altima: today the company’s Smyrna, Tennessee plant began production on the fifth generation, 2013 model. The base model starts at $21,500, V6 models coming in at $25,360 and the Altima 3.5 SL beginning at $30, 080. The new models come with a few changes, like the “NASA inspired space seats”, said to improve circulation and to be more comfortable for people of any size.  It also has turn-by-turn directions and a four-inch display mounted between the speedometers. Increased fuel mileage – 27 mpg for city driving and 38 mpg for highway driving.