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The BMW M5 is back!

BMW's M division has gone back to the drawing board with the M5, giving the fifth generation of the iconic four-door a twin-turbocharged 4.4-liter V8 engine—the first time Munich's class-defining performance sedan has gone without a naturally aspirated powerplant since its introduction in 1984. Further changes see it adopt a dual-clutch gearbox as part of a complete driveline rethink that resigns the old model's sequential manual transmission to the history books. Revealed here officially for the first time, the new M5 is planned to make its world debut in concept-car guise at the Shanghai motor show later this month.

Honda to build subcompact cars in Mexico

Honda Motor Co. said Friday it will build an $800 million assembly plant in Mexico to produce subcompact vehicles for the Mexican and North American markets. The Japanese automaker said the plant is scheduled to begin operation in 2014 with an annual capacity of 200,000 units.

Hyundai arrives in Piccadilly Circus

Hyundai arrives in Piccadilly Circus If you want a clear sign of how mainstream Hyundai has become, the news that it’s taken over the iconic billboard display in Piccadilly Circus from Sanyo is as much evidence as you need. Piccadilly Circus is the UK version of Times Square, and the neon signs have been a splash of international colour washing over Eros for a century, during which time there have been just fifty brands showcasing their wares to the 50 million or more passing Londoners – and visitors – every year, not counting the millions more who see the signs on Piccadilly Circus postcards that still wing their way round the world. The new Hyundai spot – which has been the Sanyo space for the last 33 years – is the last of the spaces to rely on neon lights to get its message across.