BMW Concept X5 eDrive (2013) plug-in hybrid at Frankfurt motor show

Sharing the stage with the BMW i3 at the Frankfurt motor show is the BMW Concept X5 eDrive. The plug-in hybrid X5 is set to re-write the SUV rulebook with its four-cylinder petrol-electric drivetrain producing claimed figures of less than 90g/km of CO2 and a tree-hugging 74.3mpg, smashing the Lexus RX450h which produces 145g/km and 44.8mpg. What’s more, it’s better than the most efficient 3-series currently on sale, and far more frugal than the V8-powered BMW X6 Active Hybrid that was axed in late 2011.

Mercedes U.S. boss ‘excused' from his duties

Mercedes-Benz U.S. chief has been “excused” from his duties effective immediately, according to a Daimler spokesman. Ernst Lieb, 56, had held the position since 2006.

GM and Koenigsegg agree Saab sale

By Ben Pulman Motor Industry 16 June 2009 11:00 American car giant General Motors has signed a memorandum of understanding for the purchase of Saab by an investment group led by Swedish supercar manufacturer Koenigsegg. That's the deal. Supercar maker Koenigsegg Automotive, together with a consortium of private investors, has formed Koenigsegg Group, which has reached a ‘tentative agreement’ to buy Saab from GM.