Canadian Supercar Bows In, 2013 BMW 3-Series: Today’s Car News

HTT Plethore LC 750

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When it comes to exotic supercars, Canada doesn’t typically rank high on the list of countries that manufactures them. There is, however, at least one interesting performance machine from up north: the Plèthore LC-750, which was on display this week at the 2009 SEMA Auto Show. [AutoWeek]

BMW’s next-generation 3-Series sedan, due in 2012 as a 2013 model, has been spied for the first time testing in Germany. The new car will feature a similar shape to the current model but will be slightly longer and should wear some more daring sheet metal. [MotorAuthority]

The future of Chrysler will be revealed today, with the automaker’s CEO Sergio Marchionne set to layout all the details in a comprehensive five-year business plan. [The Detroit News]

Honda has showcased a new line of accessories from its Mugen performance arm at this week’s SEMA Auto Show. Designed for the 2010 Honda Accord, the new accessories will be available though dealers from November 11. [Carscoop]

Toyota confirmed today that it will pull out of Formula One with immediate effect. The automaker has made its decision based on the “current economic environment” but says it’s willing to consider returning to the sport if circumstances change. [WorldCarFans]

General Motors has decided to keep Opel, angering Canada’s Magna and Russia’s Sberbank in the process. The decision reversal reflects improved business confidence in the auto industry and shows that GM is in a much better financial position than it was just months ago. [Financial Times]

The 2010 Chevrolet Corvette Grand Sport Heritage Package was on display at this week’s SEMA Auto Show along with a host of new accessories designed exclusively for the car. [Edmunds]