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Saab strikes deal with BMW for 9-3, 9-1 engines

The new 2012 Saab 9-3 is set to be the first Saab powered by BMW By Tim Pollard Motor Industry 29 September 2010 07:43 Minnow Saab has struck a deal with BMW, one of the world's largest premium car makers, to supply powertrains for future models, including the next 9-3 and proposed 9-1 supermini. Munich will provide Saab with four-cylinder petrol 1.6 turbo engines from 2012 and the full suite of Efficient Dynamics tech will be included. The deal is being signed today by Ian Robertson, marketing board member of BMW AG, and the CEO of Saab Automobile, Jan Åke Jonsson, in Trollhättan.How can Saab afford to buy BMW engines?No financial or volume details have been announced yet.

2015 Chevrolet Corvette Z06 unleashed at Detroit Motor Show 2014

Hoist up your Stars & Stripes and crank up your Bruce Springsteen tunes, because the 2015 Chevrolet Corvette Z06 has finally broken cover at the 2014 Detroit Motor Show. This is a Chevrolet Corvette C7 Z06 like we've never seen before. And given that Chevrolet claims it's the "most track-capable Corvette in history", you may find it hard to keep up with it, too.

Swedish sports-car maker Koenigsegg may buy Saab

General Motors has chosen Swedish luxury sports car maker Koenigsegg Automotive AB as the preferred bidder for the Saab brand, news reports said. Koenigsegg and Norwegian investors have signed a letter of intent to take over Saab, Swedish television said Thursday, attributing its report to unnamed sources. "The deal is there now and a few minor details remain," a source told Reuters.