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Koenigsegg to push Saab Upmarket
Tue, 27 Oct 2009The Saab Aero -X. Would work well with Saab's upmarket future We’ve covered Christian von Koenigsegg’s quest to take over Saab a fair bit this year. All that seems to be firmly on track with the finance sorted and partners – including China’s BAIC – on board.
EV car maker Aptera shuts down
Fri, 02 Dec 2011Automotive startup company Aptera Motors, promoter of the weirdly styled, three-wheeled 2e electric car, shut down on Friday, saying it was out of money. The company said it was unable to raise funds from private investors that would have kept it going until it received a $150 million loan from the Department of Energy's Advance Technology Vehicle Manufacturing program. "This is a difficult time for everyone connected with our company because we have never been closer to realizing our vision," CEO Paul Wilbur said in a statement.
BMW reveals ferocious new M3 and M4
Thu, 12 Dec 2013IF YOU’RE no fan of Top Gear-style wheel-spinning, tyre-smoking oversteer, then it’s probably best to look away now, because BMW has unveiled the new M3 and M4. Essentially the same car underneath, the main differences come in the number of doors and the suspension settings, with the M3 built as a four-door, slightly more forgiving saloon and the M4 as a harder-edged two-door coupe. But both will go very sideways, if that’s the sort of thing that revs your engine, thanks to a shared 425bhp six-cylinder engine that sends all that juicy power to the rear wheels.