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BMW Megacity Vehicle (2013): the first pictures

By Tim Pollard First Official Pictures 02 July 2010 00:05 BMW has issued this first design sketch of its innovative new Multicity Vehicle. The BMW MCV won't be launched until 2013 and this is our first look at the new electric city car.The Multicity Vehicle is designed for the growing number of 'megacities', that is metropolitan areas of 10 million or more. Big conurbations like London, Los Angeles and Tokyo are being joined by more and more sprawling cities in China – and BMW is confident they will change the way urbanites drive around.BMW Multicity Vehicle: the detailsThis design sketch of the BMW MCV shows a compact city car, not dissimilar to a Smart in spirit.

Saab gets a ray of hope from China

Victor Muller sees a glimpse of sunshine from China The saga that is the long and painful demise of Saab seemed to reach its nadir last week when courts in Sweden refused to offer the beleaguered car maker sanctuary in its protection. We thought that would be the end for Saab – despite a never-say-die appeal of the decision by Victor Muller, due to be heard tomorrow – with nowhere left to hide from trade supplier debts of €150 million, and the wrath of Sweden’s unions ready to file for Saab’s bankruptcy over unpaid wages for Saab employees. The nadir for Saab should reasonably be followed by its rapid consignment to the annuls of motoring history, but a tiny glimmer of hope has risen from Saab’s putative investors in China.

Are used car prices about to spiral down?

CAP – the used car price specialists – are warning that used car prices, particularly ’almost’ new car prices, are set to tumble as nearly new cars hit the market. The car market in the UK has proved amazingly resilient to the general malaise in the economy, with new car sales continuing to rise strongly and used cars seemingly immune to big depreciation drops. But CAP – who gauge used car prices for the motor trade – are warning that this could be about to change as the impact of recent trading in new cars is about to start impacting on used car prices, particularly prices for cars less than a year old.