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First look: 2014 BMW M3 and M4

The BMW M3 is back, faster and more powerful than ever before -- but only as a four-door sedan. For its iconic 3-series-based performance model, BMW will dispense with a 26-year tradition of high-revving naturally aspirated engines in lieu of turbocharged six-cylinder power. Revealed here in production-car guise for the first time, the new 425-hp M3 sedan will be joined at the outset by its sister model, the M4 -- a mechanically identical but stylistically sleeker two-door coupe previewed in lightly veiled concept-car form at the Pebble Beach concours in California last August.

Dodge future products: Caliber replacement will test Fiat alliance

Dodge will get a new compact sedan for the 2013 model year. The sedan, which replaces the Dodge Caliber, is crucial because it will be the first vehicle to showcase the full range of benefits from the Fiat-Chrysler alliance. The car will be built at Chrysler's Belvidere, Ill., plant on a Fiat platform that has been adapted to the U.S.

1,088-hp electric Concept One nears production

We haven't heard much about the Rimac Concept One lately, but that could be about to change. The Croatian-born electric supercar is back in the news this week after its parent company landed an $11-million investment. The Concept One is the brainchild of 26-year-old CEO Mate Rimac, who claims he didn't want to build the best electric car in the world.