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BMW introduces anniversary edition 760Li

Twenty-five years ago, BMW delivered the first V12 7-series sedan. It used 5.0 liters of displacement to make a whopping 296 hp, which was powerful for its time. Now the marque from Bavaria introduced the 25th anniversary edition of that V12 sedan with more displacement and much more power.

Insurance interest costs motorists millions

BRITISH drivers are paying £682 million more than they should be for their car insurance by paying monthly. Most insurers charge a high rate of interest for the privilege of spreading payments out over the year, with the average pay-monthly customer hit by an additional £88. Almost a third of people (31%) pay their car insurance by monthly direct debit, market research from Consumer Intelligence has discovered.

Porsche is developing a new four-cylinder engine set to power entry-level model

High-ranking officials at Porsche's Weissach research and development center in Germany have confirmed that engineering work is progressing on a four-cylinder horizontally opposed gasoline engine, details of which were first revealed by Autoweek earlier this year. The new boxer unit--which is earmarked to power a new mid-engine, entry-level model that insiders describe as a spiritual successor to the iconic 550 Spyder--looks set to become an integral part of Porsche's future model plans. Insiders suggest it will also be offered on the third-generation Boxster and the second-generation Cayman later on in their respective model cycles.