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Alpina B5 Bi-Turbo (2011) launches

The Alpina B5 Bi-Turbo 2011 debuted at Goodwood If you went down to the Goodwood Festival of Speed over the weekend you may well have come across Alpina’s latest offering – the Alpina B5 Bi-Turbo – which, following the news yesterday that BMW have retired the current generation (E60) M5 and that you’ll have to wait intil next year for the new M5 – is the only way to hop in to a brand new ‘Hot’ 5 series for at least the next 9 months. Not only is the Alpina B5 the only really quick 5 series on the market now, it will also be a lot less ubiquitous in the long run than BMW’s own M5. A lot to be said for that.

GM agrees to sell Saab to supercar company Koenigsegg

General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive. The deal would close by the end of the third quarter and put Saab in the hands of an upstart, boutique car company known for producing eye-catching cars with gaudy horsepower ratings and even gaudier price tags. The agreement includes $600 million in financing from the European Investment Bank.

Business groups call for Severn tolls cut

BUSINESS groups are calling for a reduction in the Severn Bridge tolls as soon as the famous structure comes into public ownership. Following the recent announcement that tolls will be set to increase, the Federation of Small Businesses in Wales and the Freight Transport Association (FTA) have called for the tolls to be reduced to a level that only covers maintenance. In a joint statement the groups expressed their concern for the negative impact the increased tolls could have on the southern Welsh economy.