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First new Saab rolls off the production line

A NEW SAAB car has rolled off the Swedish production line for the first time in two and a half years. National Electric Vehicle Sweden, the Hong Kong-based company that bought Saab out of bankruptcy in September last year, presented its new 9-3 Aero at the factory in Trollhattan. The company, also called NEVS, aims to make electric cars under the Saab brand, but said it will also provide petrol cars until "electric cars fully meet customer demands." The first 200 cars will be delivered in spring costing 279,000 kronor (£26,000) each.

BMW i8 Spyder: Official

BMW i8 Spyder The BMW i8 Spyder – BMW’s open-top version of their i8 eco supercar – has been revealed ahead of a debut at the Beijing Motor Show later in April. Yesterday we had the first leaked picture of the BMW i8 Spyder, the next stage on BMW’s eco supercar journey, and the news the open top i8 was heading for the Beijing Motor Show. So BMW has decided to jump in with the official reveal of the i8 Spyder which gives us more than a couple of photos of the i8 to look through, although not much more in the way of detail than we surmised yesterday.

Spyker, Youngman agree on joint venture

Dutch supercar maker Spyker and the Chinese Youngman Group have agreed on a joint venture to build a new super sport utility vehicle and a group of sedans based on Saab's Phoenix platform. The SUV is scheduled to hit the market by the end of 2014, while no dates for the Phoenix-based sedan were announced. Youngman will invest 10 million euros in Spyker, 7 million of which will be for stock shares constituting 29.9 percent of the supercar company.