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2013 BMW M5 facelift & new M6 get Competition Package
Tue, 21 May 2013The BMW M5 (left) & M6 with new Competition Packacge But the 2013 BMW M5 – and its coupe sister, the BMW M6 – will also be getting a Competition Package option for 2013, which is probably more interesting than the minor tweaks to the 2013 5 Series. The Competition Package adds more power to both the M5 and M6 – a whole 15bhp, taking it up to 567bhp – enough to improve the 0-62mph by 0.2s on both M5 and M6 as well as re-tuned dampers and springs – which lower ride height on the M5, but not the M6 – stiffer anti-roll bars, new M Diff and an improved Dynamic Mode which should allow you to play a bit more. On the cosmetic front, just like the 5 Series facelift, you’ll have to look quite hard to see what the Competition Package adds, but you do get a black finish on the tail pipes and a slightly different set of 20″ alloys.
Jaguar Land Rover to spend additional £250 million a year with UK suppliers
Fri, 11 May 2012JLR to spend and extra £1 billion with UK suppliers The Range Rover Evoque phenomenon continues with Jaguar Land Rover announcing an extra £250 million additional annual spend with UK suppliers. Just last week we had the news that Land Rover’s Freelander 2 had hit sales of 300,000 since its launch in 2007, but if the Range Rover Evoque continues selling the way it has that figure will be eclipsed in half the time by the Evoque. And it’s sales of the Evoque – Land Rover has sold 60,000 Evoques in the first seven months on sale – that’s driving the need to spend more with suppliers and the announcement today that UK suppliers can look forward to an extra £250 million a year being spent to support the Evoque’s production at Halewood.
Saab files for bankruptcy
Tue, 20 Dec 2011Struggling Swedish manufacturer, Saab, has finally filed for bankruptcy. What may well prove to be the closing chapter in this ongoing saga could see the iconic brand laid to rest following months of uncertainty. A statement by parent company, Swedish Automobile NV (Swan) announced that: ‘After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded.