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First Sight: Holden Torana concept

Holden has stolen the limelight at the opening of the Australian International Motor Show in Sydney, unveiling a ground-up concept car dubbed the Torana TT36. The concept revives a famous Australian nameplate from the 1970s - appropriate since, like the original Torana, it features rear wheel drive and a six cylinder engine. That's where the similarities end, however, as the new Torana's engine is an experimental 280kW/490Nm twin turbocharged version of the new global V6 Holden has begun manufacturing for various parts of the GM world and which will eventually be used by Alfa Romeo.

BMW M Performance Editions (2012) official pics, pricing

BMW has announced prices for its M Performance limited-run editions of the M3 coupe and M5 supersaloon. Brace yourself: both command around a £20,000 premium over the standard versions. The M3 comes in at £74,080, and the M5 is £95,140.

LA Design Challenge 2010 announced

This year will see the seventh running of the annual LA Auto Show Design Challenge when the industry circus hits the US west coast in November. All participating studios have been tasked to envision a 1000lb (454kg) 2+2 vehicle that is both comfortable and secure while delivering satisfactory driving performance without sacrificing the emotional connection and beautiful styling today's consumers demand. For the first time, design studios from outside the US – from both Germany and Japan – will compete for the prize.