BMW M3 coupe stripped down to go club racing

BMW's M division is back in the business of building specialty street-legal race cars with a new lightweight version of the M3 called the GTS. The lightweight coupe, set to go on sale in early 2010 at a yet-undisclosed price, was conceived as a limited-edition model primarily for club-based racing in much the same way that Porsche builds the 911 GT3 Clubsport. But in a clear effort to link its track-based activities with the production-car side of its business, BMW's M division is offering the new car with a homologation package that will allow customers to register the M3 GTS for street use.

Geely Englon TXN (w/ Gallery)

Geely is poised to show 39 new vehicles at the forthcoming Auto China 2010 motor show in Beijing, among them will be this new TXN taxi. While most of the new cars on show won't be built around entirely new sheet metal - some will feature new powertrains, for example - the Englon TXN is indeed all-new. Sitting in Geely's Englon range, a sub-brand initially created for the taxicab, the TXN is intended as a replacement for the aging TX4 built by British automaker LTI (as well as at Geely's Shanghai Maples factory).

Paolo Pininfarina elected Chairman at Pininfarina SpA

Paolo Pininfarina has been unanimously elected to become Chairman of the Board of Directors at Pininfarina S.p.A., one of the roles previously occupied by his late brother Andrea Pininfarina. The Board of Directors agreed to assign authority over the Group's design operations and Pininfarina Extra to Paolo Pininfarina and also elected to hand over the Group's communications to his sister Lorenza Pininfarina, the Provisional Deputy Chairperson. There has been much speculation about the company's future following the untimely death of CEO Andrea Pininfarina in a traffic accident last week.