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BMW ActiveE – the BMW 1-Series Electric – at Detroit

BMW has reveled the BMW Concept ActiveE at the Detroit Motor Show BMW obviously think there’s room for more than just the MINI E to be punted round the roads by Joe Public to shake out all the wrinkles in their electric car gubbins as they’ve brought along the BMW ActiveE Concept to the Detroit Motor Show – basically an electric BMW 1 Series – which we first reported on back in December. The ActiveE Concept gets a rear mounted electric motor that divvies up 170bhp. Unlike the MINI E BMW has managed to stick the batteries under the car instead of ripping out the back seats to store them.

Saab files for bankruptcy

Struggling 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.

Spyker in negotiations to sell its sports-car business to focus on Saab

Spyker Cars said Thursday it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov. Spyker, which bought Saab from General Motors Co. a year ago, said it has signed a memorandum of understanding to sell Spyker's assets to U.K.