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BMW i8 production car revealed – costs £99,845: Frankfurt 2013

The new BMW i8 Hybrid (pictured) will cost £100k in the UK The BMW i8 jas finally arrived in production guise at the Frankfurt Motor show, neatly creating the top end of BMW’s new i-brand range after the BMW i3 underlined the starting point. Looking really quite appealing, the i8 uses the same carbon fibre reinforced plastic bodyshell and aluminium chassis construction as the i3, but whereas the i3 is built to be a city car, the i8 is the closest we’re likely to get to a 21st century version of the BMW M1. Similar in size to the Audi R8, the BMW i8 is a 2+2 with a 3-cylinder 1.5 litre engine and generator sitting at the back and driving the rear wheels and an electric motor at the front driving the front wheels, with a petrol tank at the back and the batteries for the electric motor stored in the centre tunnel.

GM's ad spending nearly doubled in first half, Nielsen says

General Motors Co. nearly doubled its advertising spending in the first half of this year, leading a rebounding auto industry's marketing push, ad-monitoring company Nielsen Co. said.

New Mitsubishi Mirage to replace Colt in 2013

Mitsubishi Mirage The new Mitsubishi Mirage – a ‘Global Compact Car – has gone on sale in Thailand, is being built in Thailand and will replace the Mitsubishi Colt in Europe in 2013. The new Mitsubishi Mirage is a budget five-door hatchback that Mitsubishi are aiming at emerging markets. But it’s not going to stop there.