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New BMW M3 and M4 revealed for 2014

This is it, folks – this is your early petrolheaded Christmas present: BMW has released full details of the new BMW M3 Saloon and M4 Coupe. And we do mean full details. Output of 431 turbocharged horsepower is the headline, but really it’s the extent of the engineering overhaul carried out by BMW’s M division that really stuns the senses here.

White House pushes for Friday deal on fuel-economy regulations

The White House wants to announce as early as Friday that it has reached agreement with most automakers on a plan to raise corporate average fuel economy targets to 54.5 mpg by 2025, manufacturers' representatives said Wednesday. While no automakers have signed on to the Obama administration plan yet, most--including Ford, Toyota, General Motors and Chrysler--are generally supportive and intend to do so, the industry officials said. Each manufacturer is trying to iron out technical issues with the White House before endorsing the proposal.

Top Gear 'regrets' Clarkson remark

TOP GEAR'S producer has apologised after broadcasting a "light-hearted" joke by Jeremy Clarkson that sparked a complaint of racism. The episode, which was filmed in Burma and Thailand and shown in March, featured a scene where the motoring show's stars built a bridge over the River Kwai and as an Asian man walked over it Clarkson said: "That is a proud moment, but there's a slope on it." Somi Guha, an actress who complained to the BBC, said the use of the phrase was an example of "casual racism" and "gross misconduct". The BBC2 show's executive producer, Andy Wilman, said: "When we used the word slope in the recent Top Gear Burma Special it was a light-hearted word play joke referencing both the build quality of the bridge and the local Asian man who was crossing it.