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Saab bidding closed, buyer announced soon

We should know the buyer of Saab soon The Swedish press have been told that the bidding on Saab has now closed and that the successful buyer will be announced shortly. It’s amazing how much interest – and speculation - there is around the demised Saab; so much so we’ve probably reported as much on Saab after its demise as we did when it was in the throes of turmoil. Saab’s administrator, Hans Bergqvist, has revealed that the bidding process is now closed and that he will be talking to Saab stakeholders to discuss the bids and confirm which of the number of bidders is successful.

Vintage motorcycles set to take over Road America

Road America will be two-wheel heaven this weekend, as the iconic circuit plays host to vintage-motorcycle racing. Put on by the American Historic Racing Motorcycle Association, the races run on Saturday and Sunday. They will feature motorcycles from the 1920s to the early 1970s, Superbikes from the 1970s and 1980s, and more-modern racers from the Sound of Singles, Battle of Twins and Sound of Thunder classes AHRMA is an enthusiast group that preserves the heritage of racing motorcycles through events at race circuits.

BMW ‘i' subbrand aims for 2013 launch

BMW has confirmed that the new subbrand through which it intends to market a range of advanced stand-alone hybrid, range-extended and plug-in electric models will be called BMW “i.” Created to develop, produce and market what BMW's head of marketing, Ian Robertson, describes as “innovative solutions to premium mobility,” the brand will be supported by a company established by BMW called i Ventures, through which the German carmaker plans to grow its range of mobility services. The i3 and the i8 will be the initial models and are planned for introduction in 2013. “These cars have been designed specifically for their respective alternative drive systems,” said Klaus Draeger, head of BMW's R&D operations.