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Revolutionizing the BMW M3

BMW is less than a year away from officially revealing the fifth generation of the menacing M3, the first to receive turbocharged six-cylinder power. The performance sedan, code-named F80, is expected to appear as a lightly veiled concept at the 2013 Geneva motor show, debuting the appearance and mechanical package of the M division's eagerly anticipated Mercedes-Benz C63 AMG rival. A showroom-ready version with a production interior arrives at next year's Frankfurt motor show, BMW sources say.

New scheme lets drivers rent their cars out

Car owners can now make money by renting their vehicles when they’re not being used, using a new car rental scheme. The ‘easyCar Club’ venture lets drivers advertise their cars and matches them with people looking to rent a car for a short period. On Bing: see pictures of unusual hire cars Hertz offers supercar hire Although the service is now available nationwide, it was initially trialled in London – meaning many of the cars advertised are concentrated on the London area.

Fiat finishes buying Chrysler

The Chrysler Group is now wholly owned by Italian carmaker Fiat. The company announced on Jan. 1 that it made a $4.35 billion deal to acquire full control of the Pentastar.