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BMW M3 set to compete in DTM from 2012

It might have pulled out of F1, but the upshot is that BMW has announced plans to enter the German Touring Car Championship (DTM) in 2012 with the M3, plus it’s developing a new racer and 1.6-litre turbocharged engine, and will continue its other production car-based racing activities. ‘Following the withdrawal from Formula One, the realignment of our motorsport programme is raising our presence in production car racing to a whole new level,’ said BMW board member Dr. Klaus Draeger.

Multi-Million Euro Results At Coys Classics Auction

THE MONEY flowed thick and fast at the recent Essen Techno Classica classic car show, as Coys auctioneers sold some important cars for significant sums of cash. Headline-grabbing cars included a 1972 Ferrari 365 GTB/4 Daytona Berlinetta that went for €487,305, a 1963 Bentley S3 Continental “Flying Spur” for €170,825 and a 1965 Ferrari 330GT 2+2 for €167,468. Other important classic cars that went under the hammer were a 1962 Jaguar E-Type Series I 3.8 Litre Roadster for €112,637 and a 1937 Bentley 3½ Drophead Coupe by Barker for €109,280.

Chrysler reveals new 2014 Jeep Cherokee

Chrysler Group revealed photographs and the name of its replacement for the Jeep Liberty on Friday after unofficial photographs of the 2014 Jeep Cherokee showed up earlier in the day. The automaker had hoped to keep the mid-size SUV -- and its name -- secret until a planned reveal at the New York auto show in late March. However, photos of several 2014 Cherokees taken during pre-production at Chrysler's Toledo North Assembly plant were unveiled Friday morning on the site Jalopnik.com.