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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.

Mark Fields replaces Alan Mulally as Ford CEO

Ford Motor Co. named Mark Fields to replace Alan Mulally as CEO on July 1, handing the reins to a 25-year company veteran after being saved by an auto industry outsider. “From the first day we discussed Ford's transformation eight years ago, Alan and I agreed that developing the next generation of leaders and ensuring an orderly CEO succession were among our highest priorities,” Executive Chairman Bill Ford said in a statement.

2014 Mercedes S Class REVEALED

There’s not a huge more to say about the new S Class than we already have, but it does look convincing. It takes styling cues from many of Mercedes latest models, but even without the big bulbous wheel arches at the back it’s still very recognisable as an S Class – just a new one. We already know much about what ‘s likely to be on offer at first – S350, S400 and S500 – and what’s to come – S250, S63 AMG, S Class Pullman – and that we’ll see, in due course, both an S Class Coupe and a convertible S Class.