Saab files for Bankruptcy

Saab Bankrupt It looks like Victor Muller’s dream of saving Saab is over with Saab shares suspended and the company filing for bankruptcy. Saab has produced nothing since April and has lurched from crisis to crisis ever since. Victor Muller has pulled every trick he knows – and some he didn’t know he knew – to keep Saab afloat, but it looks like it’s all for nothing.

New Toyota iQ3 launched

Toyota has launched a new version of the iQ - The Toyota iQ3 - with a bigger engine and spec The Toyota iQ3 gets Toyota’s 1.33 litre 98bhp VVT-i engine with Optimal Drive, which Toyota already offer in the Yaris and Auris, and offers 58.9mpg with either the manual ‘box or Toyota’s CVT. But sticking the 1.33 litre engine in to the Toyota iQ3 makes it more than just a city car. With a 0-60mph of 11.8 seconds and a top speed over 100mph, this little Toyota can cope with motorway driving quite well.

2014 BMW 328d diesel to start at $39,525

BMW is bringing the 328d range of sedans and wagons to the U.S. to replace the departing 335d, with sales starting this fall for the 2014 model year. Both the sedan and the wagon will use the same 2.0-liter four-cylinder Twinpower turbodiesel engine producing 180 hp and 280 lb-ft of torque.