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Porsche names new motorsports chief for North America

Jens Walther has been named president and CEO of Porsche Motorsport North America, the automaker said Friday. Walther, 41, will take over for Paul Ritchie, who has retired. Walther managed Porsche’s One-Make Cup program before his appointment.

Revolutionizing the BMW M3

BMW is less than a year away from officially revealing the fifth generation of the menacing M3, the first to receive turbocharged six-cylinder power. The performance sedan, code-named F80, is expected to appear as a lightly veiled concept at the 2013 Geneva motor show, debuting the appearance and mechanical package of the M division's eagerly anticipated Mercedes-Benz C63 AMG rival. A showroom-ready version with a production interior arrives at next year's Frankfurt motor show, BMW sources say.

180,000 'lied over motor insurance'

NEARLY 3,500 cases of motorists lying on their applications for insurance or deliberately leaving relevant information off them are being uncovered by insurers each week, new figures reveal. Some 180,675 attempts to make fraudulent applications for motor insurance as people tried to get cheaper cover than they were entitled to were detected last year, equating to around 3,475 incidents a week, according to data released by the Association of British Insurers (ABI). These claims were exposed as lies by the insurer either at the point when the person applied for a policy, or after they had obtained cover and had gone on to make a claim.