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BMW M3 set to compete in DTM from 2012

It might have pulled out of F1, but the upshot is that BMW has announced plans to enter the German Touring Car Championship (DTM) in 2012 with the M3, plus it’s developing a new racer and 1.6-litre turbocharged engine, and will continue its other production car-based racing activities. ‘Following the withdrawal from Formula One, the realignment of our motorsport programme is raising our presence in production car racing to a whole new level,’ said BMW board member Dr. Klaus Draeger.

Jaguar XF Diesel S Bares its Claws

Jaguar XF Diesel S - more power, less fuel We all know how many problems the world’s car makers are having at the moment, and unless central banks ensure normal lending resumes very quickly we’ll all be in a big hole without a shovel. But when you look at what some of the best car manufacturers now have to offer we should be queueing at their door, and finance companies should be bending over backwards to lend. We’ve seen some great new models, and updates to existing models, come along in the last couple of months since the credit crunch has really started to bite.

Saab owners Spyker NV to become Swedish Automobile NV

Is the rain coming to an end at Saab? In the seemingly never-ending saga of Spyker and Saab it does now seem likely that the deal we reported last week with Chinese distributors Pang Da is going to pan out. The messy-looking deal with Pang Da has seen the beleaguered Dutch car maker receiving €30 million already from the cash-rich Chinese, which it’s using to pay-off its suppliers in an attempt to get production lines rolling again in Trollhattan.