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TVR sale latest

By Tim Pollard Motor Industry 08 February 2007 04:17 More than 30 parties have expressed an interest in buying the remnants of TVR, the sports car maker which crashed into administration over Christmas - and the factory could move to Asia. Administrator PKF (UK) LLP has spent the past month clarifying the assets of Blackpool Automotive Ltd, the company that ran the Blackpool factory, and it in fact holds several trump cards that could prevent the Russian owner switching production overseas. The sale advert in the Financial Times reveals that Blackpool Automotive controls the TVR trademark in Europe and the US, as well as all the intellectual property rights and tooling for the sports cars.

Saab 9-5 sedan epsilon 2 sedan releases redesign with clear look

Saab has released details of its new 9-5 flagship, a car crucial to the brand's success as an independent automaker under new ownership. Earlier this month, General Motors Co. reached a deal to sell Saab to Koenigsegg Group AB, a consortium of private investors that includes Koenigsegg Automotive AB, a tiny Swedish maker of $1 million supercars.

New BMW 316d ES Saloon

BMW has announced the BMW 316d ES - its most economical 3-Series to date Car makers are falling over themselves to introduce new models that are more fuel efficient and less polluting than what went before, and this time it’s BMW’s time to play the game with the most economical 3 Series yet – the new BMW 316d ES Saloon. The 316d ES gets BMW’s 2.0 litre 4-pot diesel and a six-speed manual ‘box, which manages a quite impressive 62.8mpg and emits only 118g/km of CO2. That puts it in to the £35 a year VED band and makes this the cleanest and most economical 3 Series yet.