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2012 BMW M5 revealed in production trim

The wraps have been torn off the fire-breathing 2012 BMW M5. And, as expected, the Bavarian luxury maker is going in a different direction under the hood. BMW is eschewing a naturally aspirated powerplant in the new M5, whose high-revving roots date to the 1980s, in favor of a 4.4-liter twin-turbo V8 pushing out about 552 hp.

Porsche Cayenne S E-Hybrid: The plug-in Cayenne debuts in Paris

The Porsche Cayenne S E-Hybrid arrives in Paris There will come a point when governments realise that car makers are getting too clever at gaming CO2 levels with impressive and sophisticated hybrids. But until then, there’s a growing number of cars that, on the face of it, offer a ‘cake and eat it’ option for buyers. Like the new Porsche Cayenne S E-Hybrid.

News watch June 2010: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 30 June 2010• Tesla shares have rocketed 40% on their first day of trading; the company went public this week with the first IPO of an American car company since Ford in the 1950s (BBC News)• GM may sell off its interests in finance arm GMAC and parts supplier Delphi as it seeks to write down its debts (Financial Times)• A Federal judge has approved the $20m sale of a former GM plant in Wilmington to Fisker Automotive; Fisker hopes to build 100,000 cars a year once production hits a peak after launch in 2012. It is using a $529m government loan to fund its launch (Detroit News)Tuesday 29 June 2010• UK business secretary Vince Cable has warned that the car industry is no longer in an emergency – and cannot expect direct government support.