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New Lexus IS UK debut

The 2013 Lexus IS – revealed at the Detroit Motor Show – gets its UK public debut at the Ideal Home Show at Earls Court. The Ideal Home Show may not seem the obvious place for Lexus to show the new IS, but Lexus are the headline motor sponsors for the event and you can’t argue with the footfall; footfall that is probably predominantly bang on the Lexus target demographic. And the target demographic for Lexus may be a bit surprised that the new IS is a chunk more dynamic looking than its predecessor, with statement looks – taking cues from the LF-CC Concept – that make the new IS a far more appealing prospect.

BMW 5-Series GT introduces liftback model

BMW will bring the elevated seating and packaging of an SUV to its 5-series line with the addition of a liftback model called the Grand Turismo or, simply, GT. The automaker is now revealing the production look for the vehicle, which will debut at this fall's Frankfurt motor show after having been previewed as a concept car at the Geneva show in March. It will go on sale in the United States in December, priced in the low-$70,000s range.

Swedish court rejects Saab creditor-protection plea; Saab will appeal

A Swedish court on Thursday rejected an application by ailing carmaker Saab for protection from creditors to give it breathing space to solve a cash crisis and get funds from Chinese investors. The Vanersborg district court in western Sweden said in a statement on its Web site that there was no reason to believe a new creditor protection process, known as a reconstruction, would work. Saab said in a statement that it is disappointed with the ruling and will appeal the decision.