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Saab finds a buyer

Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.

Saab steps up green drive

By Mark Walton Motor Shows 03 June 2007 01:58 Saab goes bio-power crazy Saab is celebrating its 60th anniversary this year with a further push into the very topical biofuels arena, and Geneva showcases two new examples of the Swedes' growing green commitment. First is the new 9-3 Biopower, a full range of saloon, estate and convertible 9-3s, all powered by a 1.8-litre turbocharged engine that's been modified to run on both unleaded and E85 (85 percent ethanol, 15 percent petrol). The mechanical changes include hardened valves and valve seats, and a new stainless steel fuel tank and ancilliaries, adding up to what's expected to be a £600 premium in the showroom over the standard 9-3.

BMW X1 (2009) at 2009 Frankfurt motor show

By Ben Barry First Official Pictures 02 July 2009 00:01 CAR’s Georg Kacher drove a camouflaged prototype a few months back, but now BMW has pulled the covers off its X1 mini-SUV and revealed UK specs and pricing for the first time. Nope. Firstly, only diesel power will be offered in the UK, buyers getting a choice of 18d, 20d and 23d models.