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Mini offers new engines for 2010 spruce-up

Mini is replacing the current 1.4 and 1.6 petrol engines in spring 2010 – with a single more powerful and efficient Valvetronic 1.6. The new engine will power all the entry-level First and One models instead of the current 1.4. The new and improved 1.6 will also replace the existing engine found in the Cooper and Cooper S models.

Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.

Audi plans range of eco-friendly vehicles, report says

The British magazine Car reports that Audi's top executives have approved plans for an entire range of environmentally friendly vehicles to be launched over the next six years. The eco-friendly lineup includes five vehicles, dubbed E1 through E5, according to the report. The range includes a small city car, dubbed the E1, that will use the platform shown with Volkswagen's Up concept but with an entirely new body design.