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BMW UK updates and extends 3 Series, 5 Series & 6 Series

BMW UK is adding new models and engines to its UK line-up, including xDrive 3 Series models, 520d Gran Turismo and a new 650i engine. BMW UK is having a comprehensive update of UK models and options right across the range, with a focus on more economical options on the 3 Series, 5 Series and 6 series models. Probably the big news for the BMW 3 Series is the arrival of the BMW ActiveHybrid 3 which gets the TwinPower 3.0 litre and a 55bhp electric motor to deliver 0-62mph in 5.3 seconds and official economy of 47.9mpg.

TVR sale latest

By Tim Pollard Motor Industry 08 February 2007 04:17 More than 30 parties have expressed an interest in buying the remnants of TVR, the sports car maker which crashed into administration over Christmas - and the factory could move to Asia. Administrator PKF (UK) LLP has spent the past month clarifying the assets of Blackpool Automotive Ltd, the company that ran the Blackpool factory, and it in fact holds several trump cards that could prevent the Russian owner switching production overseas. The sale advert in the Financial Times reveals that Blackpool Automotive controls the TVR trademark in Europe and the US, as well as all the intellectual property rights and tooling for the sports cars.

Fiat takes majority control of Chrysler

Fiat S.p.A. will pay $500 million for the U.S. government's 6 percent stake in Chrysler Group.