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BMW M4 Convertible revealed. Price from £60,730

The BMW M4 Convertible (pictured) revealed We reported last month that the new BMW M4 Convertible would debut at this year’s New York Auto Show, and here it is ahead of that debut complete with trick folding metal roof, 425bhp and a price tag that just nicks over the £60k line. A direct replacement for the old M3 Convertible, the M4 Convertible will cost you just over £4k more than the M4 Coupe, but for the extra money you get the same car but with infinite headroom – and a big weight penalty. The new 3-piece metal folding roof can be tucked away in a mere 20 seconds at the flick of a switch, with better noise insulation than the M3 Convertible had and more room in the boot when the roof is down too.

Acura NSX concept

The Acura NSX concept made its world debut at the 2012 NAIAS. Its mid-engine layout dictates its proprtions, which are simpilar to Audi's R8, for example, yet its form language is uniquely lightweight. its face features a wider, more open interpretation of the Acura family graphic, whch is expected to be changed for markets where the car will be sold as a Honda.

IDEA Institute acquired by Quantum Kapital

Turin-based automotive design, modeling and engineering firm IDEA (Institute of Development in Automotive Engineering) has been sold to Quantum Kapital AG, an investment company with an industrial emphasis based in St. Gall, Switzerland. The transaction is expected to be completed in the next few weeks.