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BMW M6 Gran Coupe: Price from £97,490 (+ video)

The new BMW M6 Gran Coupe - officially revealed this week – will cost from £97,490 when it goes on sale in May 2013. The M6 Gran Coupe gets the same, very convincing, looks of the regular Gran Coupes, but with added visual butchness thanks to a front spoiler, flared wheelarches, side skirts, rear diffuser and a carbon fibre roof. That promised aggression is reinforced by the M6 Gran Coupe’s powerplant that comes from the M6 and M5 with a 4.4 litre twin turbo V8 delivering 553bhp and 50lb/ft of torque – available from 1,500 to 5,750rpm – which is enough to get the M6 Gran Coupe to 62mph in 4.2 seconds.

The next F1: McLaren plans replacement for supercar

Formula One powerhouse McLaren secretly has begun work on a replacement for its legendary F1 supercar, while it also gears up to become a mainstream sports-car maker. McLaren's Technology Center in Woking, England, has built some 2,000 McLaren SLR supercars a year for Mercedes-Benz, but McLaren boss Ron Dennis reportedly has his sights set on producing 1,000 of its upcoming Ferrari F430-fighting P11s a year starting in 2011. The number, Dennis said, will rise to 4,000 cars by mid-decade as future models such as the Porsche 911-challenging P8 come on line.

Volkswagen to launch budget brand, priced from £4800

Volkswagen is planning to launch a new budget brand to challenge the likes of Dacia – and the bargain basement minis will be sold in Europe too. Prices for the yet-nameless new cheap VWs will start from just €6000, or £4800, according to paperwork seen by CAR. How can VW build city cars so cheaply?