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Audi R8 LMX – the most powerful R8 yet – costs from £160,025

The Audi R8 LMX (pictured) is the first production car with laser lights The new Audi R8 LMX is actually the most powerful R8 road car Audi has produced, but they seem keener you know that it has laser beam headlights. But that’s because they’ve beaten BMW to the punch on the laser front. As a run-out version of the current R8, the R8 LMX has a lot to offer, with more power, more toys, a hefty price tag and a debut in the UK at the Goodwood Festival of Speed next month.

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.

Cadillac reveals second-generation SRX crossover

Cadillac unveiled the next-generation SRX crossover, a vehicle the company says is redesigned from the ground up and offers new, more-efficient engine choices. The 2010 SRX mid-size will be shown at the North American International Auto Show in Detroit next week. Cadillac says the SRX is aimed directly at Lexus' new RX crossover.