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BMW i8 revealed: The BMW Vision ED lives

BMW i8 Revealed Today BMW reveals the i8 Concept, the production concept of the Vision EfficientDynamics supercar we saw back in 2009 and, for BMW, their way forward in a more eco-conscious world. But being aware of the climate doesn’t mean the joy has to be taken from the drive, and the BMW i8 aims to offer a car which can claim a green halo be also be a stimulating and appealing car for the petrolhead. The i8 is remarkably similar to the original Vision ED Concept, although it has dumped the 1.5 litre diesel the Concept has for a new 1.5 litre petrol engine with direct injection which develops 220bhp and 221lb/ft of torque.

Lamborghini could launch an SUV in 2017, Winkelmann says

Lamborghini could launch an SUV in 2017, CEO Stephan Winkelmann told a German newspaper. The Italian supercar brand will unveil a concept for the vehicle at the Beijing motor show on April 23 to test public reaction, according to a report in the German business daily Handelsblatt on Thursday. Winkelmann wants the SUV as a third model line along with the Gallardo and Aventador super cars to help make the brand profitable.

Koenigsegg backs out of deal to buy Saab

Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.