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Video: BMW 7 Series

BMW has released new images and a lengthy press release detailing the design process for the new 7 Series sedan, set to be unveiled at the Paris Motor Show in October. We'll spare you the hyperbole here, but stay tuned for a Design Review of the Munich-based automaker's new range topping vehicle once we've seen the car in the metal in Paris. In the meantime, check out these videos of the new 7 Series in action and hear what BMW Cars Director of Design, Adrian van Hooydonk, has to say about the design of the new flagship.

Hamann Motorsport tie-dyes McLaren MP4-12C

Tuner Hamann Motorsport is going after BMW's art car with its new creation. The colorful memoR package for the McLaren MP4-12C turns the angry supercar into a Technicolor rolling sculpture for Timothy Leary fans. Of course, this car is from Hamann, so it's equipped with a carbon-fiber body kit.

Saab seeks court protection from creditors

Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.