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Bristol Cars collapses into administration (2011)

Bristol Cars has collapsed into administration, it emerged overnight. The curio car maker from Bristol just couldn't make ends meet as sales dried up and the company's directors were forced to call in the administrators when it couldn't afford to keep the business alive. Recovery specialists RSM Tenon are handling the administration and hope to find a buyer for Bristol as a going concern.

Reports that General Motors will sell Opel dismissed as 'nonsense'

German press reports that General Motors Co. is putting its European unit Opel/Vauxhall up for sale were dismissed as speculation by the division and as "nonsense" by a German state with an Opel factory. The magazines Auto Bild and Spiegel reported that GM is considering putting Opel up for sale as management is losing confidence that its European arm will return to profitability.

BMW M3 CRT (2011) first official pictures

This is the BMW M3 CRT. It's a lightweight special edition, mating track-spec technology from the M3 GTS with the M3 saloon body. The M3 CRT was unveiled at a BMW M function prior to the 2011 Nurburgring 24hr race this weekend.