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BMW M3 coupe stripped down to go club racing

BMW's M division is back in the business of building specialty street-legal race cars with a new lightweight version of the M3 called the GTS. The lightweight coupe, set to go on sale in early 2010 at a yet-undisclosed price, was conceived as a limited-edition model primarily for club-based racing in much the same way that Porsche builds the 911 GT3 Clubsport. But in a clear effort to link its track-based activities with the production-car side of its business, BMW's M division is offering the new car with a homologation package that will allow customers to register the M3 GTS for street use.

GM completes sale of Saab to Spyker

General Motors today completed the sale of its Swedish Saab brand to Dutch luxury sports car maker Spyker Cars NV, marking the first successful sale of one of its four unwanted U.S. brands. The transaction combines Saab Automobile and its 3,400 employees with Spyker Cars and its 110-plus workers.

Land Rover Discovery Vision Concept unveiled

The Land Rover Discovery Vision Concept has been unveiled ahead of its official debut at the New York Auto Show on Wednesday 16 April. The bold concept car hints at how an all-new, fourth-generation version of the family 4x4 will look and also sets the tone for an entire family of  Discovery models. Land Rover confirmed last week that the Vision Concept would give a taste of the design language that will be used on more than one Discovery model.