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New BMW M3 and M4 engine secrets laid bare

BMW's M division has lifted the veil of secrecy on the inline six-cylinder engine bound for its upcoming M3 sedan and new-to-the-range M4 coupe and convertible, revealing a potent twin-turbocharged 3.0-liter direct injection gasoline unit that produces an official 424 hp at 7,500 rpm and what officials describe as "significantly more than 369 lb-ft" of torque. The newly developed engine, known under the internal codename S55 B30, shares its 84.0 mm bore and 89.6 mm stroke with BMW's standard turbocharged 3.0-liter in-line six-cylinder direct-injection gasoline mill, the M55 used across the German car maker's lineup, endowing the aluminum block unit with an overall swept volume of 2,979 cc. This represents a sizeable 990 cc reduction on the engine BMW's M division's new unit replaces, the S65.

Honda cutting production in Swindon again – 500 jobs at risk

Honda is cutting another 500 jobs in Swindon It’s only a year since Honda announced 800 job cuts at Swindon (which eventually was 550) and now they’re about to cut a further 500 as weak demand – particularly in Europe – sees the Swindon plant producing just half the cars it could. The plan is to cut shifts from 3 to 2 a day, which will result in the loss of 340 permanent jobs and 160 temporary ones, and production will be centred on just one production line to increase efficiency and flexibility. The Swindon Plant – which builds the Civic, Civic Tourer, CR-V and Jazz (and the Civic Type-R from next year) – has been hard hit by the slump in European sales in the last five years and, despite still strong UK sales, production levels of 120,000 cars a year – just half of the Swindon capacity – are not enough to sustain the current staffing levels.

Second new London taxi of 2014 unveiled

LONDONERS had better prepare themselves for another new generation of taxi, just days after Nissan confirmed its own assault on the Black Cab market. The plug-in hybrid Fraser-Nash Range Extended Electric Metrocab is capable of more than 75mpg and less than 50g/km of CO2, and is expected to cost no more than a current Hackney carriage. The company says the vehicle could save cabbies £30 to £40 per day in running costs and can go longer between fill-ups.