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2012 BMW M5 revealed in production trim

The wraps have been torn off the fire-breathing 2012 BMW M5. And, as expected, the Bavarian luxury maker is going in a different direction under the hood. BMW is eschewing a naturally aspirated powerplant in the new M5, whose high-revving roots date to the 1980s, in favor of a 4.4-liter twin-turbo V8 pushing out about 552 hp.

Saab Museum Saved

The Saab Museum - including the Ursaab (pictured) - has been saved Despite falling victim to Saab’s bankruptcy, the Saab Museum has been saved by Trollhatten City, Saab AB and the Marcus and Amalia Wallenberg Memorial Fund. When we reported that the Saab Museum – and all its cars – was up for sale last week to try and bring in a few coppers to fill the black hole that is the Bankrupt Saab’s finances, it looked as if the historic collec tion – which includes the very first Ursaab – was destined to be broken up. The fate of the Saab Museum seemed to be to be scattered to the four corners of the globe as each car was sold to the highest bidder, but it’s been revealed that the entire collection - including the Museum building - has been saved for the Swedish nation.

Chrysler gets improved performance and handling marks from Consumer Reports

Chrysler Group is making strides to improve handling and performance of its vehicles, but the gains vary from model to model, according to tests by Consumer Reports magazine. The magazine said Tuesday that its recent tests of eight 2011 Chrysler Group models found advances in performance, interior fit and finish and handling. But it said the level of refinement in some vehicles still lags behind rivals.