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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.

First Fisker Karma in the UK auctioned for £140k

First Fisker Karma in the UK auctioned for charity The extended range Fisker Karma arrived at last year’s Paris motor show, and now the very first Karma to arrive in the UK has been auctioned in aid of charity and raised a bid of £140,000 at the Pratham UK Gala held at Camden’s Roundhouse. The altruism demonstrated by offering appealing cars for charity auctions is to be commended, especially from a young - and relatively impoverished - outfit like Henrik Fisker’s eponymous company. Yes, there’s a bit of publicity to be garnered for the Karma, but good on Henrik for offering up the first Karma to charity.

Tesla Models S UK price announced

Tesla has opened its first UK car dealership at the Westfield Shopping Centre in White City, London. At the opening of the premises, the American premium electric vehicle manufacturer confirmed its Model S saloon will cost £49,900 in the UK, with delivery of the first cars targeted for the end of March 2014. On Bing: see pictures of the Tesla Model S Find out how much a used Tesla costs on Auto Trader Tesla Motors’ co-founder and chief executive officer Elon Musk was at the event hosted specially for UK customers, and hinted at future plans for the brand in Britain: “Tesla is taking the UK market very seriously, and there are more stores and service centres to come.