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BMW M Performance Editions (2012) official pics, pricing

BMW has announced prices for its M Performance limited-run editions of the M3 coupe and M5 supersaloon. Brace yourself: both command around a £20,000 premium over the standard versions. The M3 comes in at £74,080, and the M5 is £95,140.

Gordon Murray Design T25 (2010) first official pictures

This is Gordon Murray's new city car, the T25. Although previously scooped by CAR as long as two years ago, these are the first official pictures of the Gordon Murray Design T25 that its makers claim will revolutionise car design, manufacturing and even the way we drive. He did indeed design the seminal McLaren F1 and still hopes to build another one, but in the meantime the T25 is designed for the more humble motorist.  Gordon Murray Design is keen to promote itself as a leader in downsizing, both in terms of the physical footprint of the car and engine size.

Indiana yanks Kruse auction licenses

Kruse Inc., the auction company that sold the famous William Harrah car collection and has been synonymous with auctioning enthusiast automobiles since the 1970s, has lost its licenses in its home state. The Indiana Auctioneer Commission ruled on Tuesday to revoke both of Kruse Inc.'s licenses, and the company has to wait seven years to apply for new ones, said Kelly Butters, a spokeswoman for the Indiana Attorney General's Office. Dean Kruse, president of the auction house, has had his personal license suspended indefinitely.