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BMW Art Car collection on show in the UK

An exhibition of the famous BMW Art Car collection is coming to the UK for the very first time – just in time for the Olympics. The Art Drive! exhibition is taking over the London Great Eastern Street car park from 21 July 2012, bringing a chance to see the BMW cars transformed by some of the world’s leading contemporary artists.

GM tipped to buy Tesla in 2014 - report

Tesla Motors Tesla has made a real splash in the electric-car scene, so it should come as no surprise that its success is generating renewed interest in the fledgling start-up. New media reports in the US suggest that one of America's biggest car makers, General Motors, is considering buying Tesla in 2014. Veteran auto industry analyst Yra Harris, of Praxis Trading, told CNBC that GM may make a bid for Elon Musk's electric vehicle (EV) specialist in the coming months.

Saab: Muller used Antonov money to purchase Saab

Vladimir Antonov provided the finance for Victor Muller to buy Saab Victor Muller has told Swedish TV that the money he used to buy Saab was funded by alleged fraudster Vladimir Antonov. In a revelation that will surprise no one, Saab ‘owner’ Victor Muller has revealed that the $74 million paid to GM when Spyker (as they then were) bought Saab was supplied to one of Victor Muller’s companies by Snoras Bank refugee Vladimir Antonov. Muller revealed this little nugget of information in an interview due to be televised in Sweden tomorrow, and also revealed he still owed the money (well, the company he owns still owes the money).