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Ford Fiesta Zetec S Red and Black Edition revealed – price from £15,995

The Fiesta Black and Red Editions arrive with a 138bhp 1.0 litre EcoBoost Everyone loves a sporty Fiesta – still a cracking little car in any guise – but it looks like Ford has spotted a gap in the market between the Zetec S with the 1.0 litre EcoBoost and the Fiesta ST. So we get the Ford Fiesta Zetec S Red and Black Editions to fill the gap we didn’t actually know was there. Ford has managed to squeeze even more power from their little 1.0 litre, 3-cylinder EcoBoost engine to give the Fiesta Red and Black Editions 138bhp, enough to crack 62mph in just 9.0 seconds.

Ford begins building 1.0 Ecoboost, a microsized 3cyl

Ford chief exec Alan Mulally was in Essex today to launch the first 1.0-litre Ecoboost engine, which was developed by powertrain engineers at Dunton and Dagenham. The new 999cc triple will be built at Cologne in a new ￡110m production line – and will first be seen in the new Ford Focus in 2012. How powerful is Ford's new 1.0 Ecoboost?

Fifth-generation BMW M5 teased in new video

BMW is preparing a fifth generation of the high-performance M5 sedan. We expect to get a turbocharged V8 making about 550 hp and a seven-speed dual-clutch transmission. BMW plans to roll out the new M5 at the Frankfurt motor show in September.