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Watch a Volvo find its own parking spot

Cars that can navigate into a preselected parking spot have been around for a few years now, and they've proven that under the right conditions they can pull it off successfully most of the time. But what about a car that finds its own parking spot just after you step out? Volvo is about to show a car that can do just that, and it manages this feat without an array of sensors on the roof that make the car look like a military aircraft.

BMW Z4 GT3 (2010) first official pictures

Z4 M fans look away now – this is an officially sanctioned BMW Z-car with the 4.0-litre V8 engine from an M3. This is the BMW Z4 GT3. It isn’t, at least not for the road – the Bavarian company maintains that its sDrive 35iS Z4 with a 335bhp twin-turbo straight is as far as it’ll go.

Hyundai rules out separate premium brand

Hyundai Motor Co. has ruled out spinning off the Genesis or Equus nameplates to create an independent premium brand along the lines of Lexus or Infiniti, partly because of the enormous cost involved and possible image damage to sibling nameplates. "There are no plans for Hyundai to make a separate brand," Vice Chairman Shin Jong-Woon said in an interview Friday at the carmaker's headquarters in Seoul, South Korea.