As a little Christmas surprise, James Glickenhaus released a few more details on his upcoming supercar, the SCG 003. Today we learned that the car is being designed by Italian design house GranStudio and that it will built around a carbon fiber chassis which designers hope will set new standards in terms of stiffness and lightness.

It’s not quite a proper M7, but a BMW 7-Series wearing M badges made its debut recently at a fashion expo in the Middle East. The car is the 760Li V12 M Bi-Turbo and it provides clues as to what we can expect from an eventual M Performance version of the next-generation 7-Series.

Porsche’s Carrera GT may have just been superseded by the 918 Spyder, but the car remains as desirable as ever, as you’ll see in the video we posted up. Make sure to turn the volume up before you hit play.

You'll find all of this and more in today's car news headlines from around the High Gear Media network, right here at Motor Authority.

More Details On James Glickenhaus’ SCG 003 Road Racer

BMW Presents M-Badged 7-Series In Middle East

Porsche Carrera GT Is Visual Music & Auditory Art: Video

2014 BMW 3-Series Gran Turismo First Drive

Did Holden Just Tease A New Buick Four-Door Coupe In Its Latest Ad?

Why Green Car Reports Writes About Full-Size Pickup Trucks

First Look At AMG Styling Pack For 2015 Mercedes-Benz C-Class

Are Democrats Better Drivers Than Republicans?

Porsche Planning 911 ‘Safari’ Off-Road Concept?

Chinese Car-Share Dispenses Electric Cars Like A Vending Machine

_______________________________________

Follow Motor Authority on Facebook, Twitter, and Google+.