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General Motors to shut down Saab
Fri, 18 Dec 2009General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.
Mini E Racer (2010) takes on the Nurburgring
Wed, 14 Apr 2010In these days of 7min laps, rounding the Nurburgring in 10min hardly classes as electric. Unless you’re in a Mini E. A battery-powered baby BMW driven by ex-DTM racer Thomas Jäger turned in a 9m52 lap, hitting a heady – but presumably near silent – 116mph on the way.
College Exhibition: IED Degree Show 2008
Tue, 29 Jul 2008Graduating students at the Istituto Europeo di Design of Turin (IED) recently completed a project created in association with BMW. The projects, presented at an exhibition entitled ‘Designing the BMW of 2015', followed a brief to design a car by interpreting the language evolution and the trademark essence in view of the company's future perspectives. Students were asked to research the needs, tastes and lifestyle of 35 year old individual in 2025 and find inspiration in natural elements (sun, sea, wind and earth) and in forms of expression (music, painting and art).