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First look: 2014 BMW M3 and M4

The BMW M3 is back, faster and more powerful than ever before -- but only as a four-door sedan. For its iconic 3-series-based performance model, BMW will dispense with a 26-year tradition of high-revving naturally aspirated engines in lieu of turbocharged six-cylinder power. Revealed here in production-car guise for the first time, the new 425-hp M3 sedan will be joined at the outset by its sister model, the M4 -- a mechanically identical but stylistically sleeker two-door coupe previewed in lightly veiled concept-car form at the Pebble Beach concours in California last August.

NHTSA investigates fuel-tank problem with 2004 Chevrolet Corvettes

The National Highway Traffic Safety Administration has opened an investigation into a potentially leaky fuel-tank problem with the 2004 Chevrolet Corvette. The investigation was launched on May 12 and covers an estimated 33,000 Corvettes. There have been 30 reports from consumers alleging either leaking liquid or fuel vapor coming from a tank, NHTSA said.

Lotus announces Evora Sports Racer

When one hears the phrase “Lotus sports racer,” the classic Eleven comes to mind, especially in either raw aluminum or British racing green. Others might recall George Follmer's Lotus-Porsche, a Fuhrmann-powered beastlet of a 23 that won the US Road Racing Championship in 1965. This is not that.