BMW's set to launch a new M3 next year and we've learned the car will offer the choice of manual and automatic transmissions. The latter will come with the M5's M xDrive all-wheel-drive system that can switch to rear-wheel drive at the push of a button.

Jaguar has just unveiled its updated F-Type sports car and soon the F-Pace crossover SUV will receive its own update. The good news is that the high-performance SVR model powered by a supercharged V-8 will remain in the lineup.

Peugeot has revealed its contender for the new Hypercar class of the World Endurance Championship. As part of the rules, a road-going version of the race car needs to be launched, so look forward to a new hypercar joining the French brand's lineup.

You'll find these stories and more in today's car news, right here at Motor Authority.

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