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Saab strikes deal with BMW for 9-3, 9-1 engines
Wed, 29 Sep 2010The new 2012 Saab 9-3 is set to be the first Saab powered by BMW By Tim Pollard Motor Industry 29 September 2010 07:43 Minnow Saab has struck a deal with BMW, one of the world's largest premium car makers, to supply powertrains for future models, including the next 9-3 and proposed 9-1 supermini. Munich will provide Saab with four-cylinder petrol 1.6 turbo engines from 2012 and the full suite of Efficient Dynamics tech will be included. The deal is being signed today by Ian Robertson, marketing board member of BMW AG, and the CEO of Saab Automobile, Jan Åke Jonsson, in Trollhättan.How can Saab afford to buy BMW engines?No financial or volume details have been announced yet.
New Jaguar XF R-Sport is the start of more R-Sport models from Jaguar
Wed, 26 Feb 2014The Jaguar XF R-Sport (pictured) adds sport looks to the saloon and Sportbrake The big news from Jaguar for the 2014 Geneva Motor Show is the arrival of a barnstorming XF Estate – the Jaguar XFR-S Sportbrake – with its 542bhp supercharged V8. But also heading for Geneva is a more lowly XF that might not grab the headlines but will probably do more for Jaguar’s bottom line than the XFR-S – the new Jaguar XF R-Sport. Available as an XF saloon or XF Sportbrake, the XF R-Sport is Jaguar’s take on stuff like BMW M Sport and Mercedes AMG Line (but without any power or suspension tweaks) and is aimed at owners and drivers who want the sporty looks of cars like the XFR but want it powered by something more prosaic.
Fisker, Energy Department face tough Congressional hearing on federal loans
Thu, 25 Apr 2013Struggling Fisker Automotive took a bludgeoning Wednesday on Capitol Hill from top congressional Republicans who compared Fisker to failed automotive startups of the past and lambasted the Department of Energy for allowing the electric-car producer to draw down nearly $200 million in taxpayer-funded loans. House Oversight Chairman Darrell Issa, R-Calif., told Fisker founder Henrik Fisker that he will be remembered fondly for his design work for BMW and Aston Martin. But he compared Fisker to Malcolm Bricklin, John DeLorean and Preston Tucker -- three entrepreneurs known for their failed startup car companies.