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BMW releases M Performance accessories for 2-Series Coup

The BMW 2-series is set to replace the 1-series coupe that we've had on this side of the Atlantic come next spring, and a few months prior to its U.S. debut BMW has rolled out M Performance upgrades for the upcoming coupe. That's right, the 1-series will no longer be sold in the U.S., so there won't be any 2014 models.

Drayson Racing set new electric car speed record

Lord Paul Drayson (pictured) celebrating a new electric car land speed record Last month we reported that Lord Paul Drayson’s Drayson Racing were plotting an attack on the world land speed record for an electric car. And they’ve cracked it. In a two-way run at Elvington, Yorkshire, Lord Paul Drayson – Drayson Racing’s CEO and former science minister – was behind the wheel of the Drayson B12 69/EV as it completed two mile long runs in the space of an hour to record an average – and new World Record (for its class) – of 204.185mph.

Saab increase pay for Board members as Swedish Debt Office circles

Saab Meltdown gets closer It never rains, but it pours. And for Saab and Victor Muller it has been a year or more of almost unbroken storms, punctuated with just the odd ray of financial sunshine as Victor Muller combs the planet for investors to stake a claim in his chocolate teapot company. There has been no production at Saab of any consequence since April; many suppliers still remain unpaid despite substantial injections of cash from Chinese buyers; wages have not been paid and now, just to rub salt in the wound, it’s been revealed that board members received pay rises of up to 650 per cent in 2010.