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Saab strikes deal with BMW for 9-3, 9-1 engines
Wed, 29 Sep 2010The new 2012 Saab 9-3 is set to be the first Saab powered by BMW By Tim Pollard Motor Industry 29 September 2010 07:43 Minnow Saab has struck a deal with BMW, one of the world's largest premium car makers, to supply powertrains for future models, including the next 9-3 and proposed 9-1 supermini. Munich will provide Saab with four-cylinder petrol 1.6 turbo engines from 2012 and the full suite of Efficient Dynamics tech will be included. The deal is being signed today by Ian Robertson, marketing board member of BMW AG, and the CEO of Saab Automobile, Jan Åke Jonsson, in Trollhättan.How can Saab afford to buy BMW engines?No financial or volume details have been announced yet.
Infiniti's design future: where next for Nissan's BMW
Tue, 03 Aug 2010Infiniti’s design language, Dynamic Adeyaka, will be turned up on the next generation of the company’s cars, the brand's design chiefs have told CAR. And there are more concepts cars coming to showcase the styling direction, as Infiniti continues to persaude buyers from their BMWs. We won’t see anything at the 2010 Paris motor show (more details of the alliance with Daimler are expected to be the news there) but the 2010 LA, or 2011 Detroit or Geneva shows will host a new Infiniti concept car to follow on from the gorgeous Essence (pictured above with design director Shiro Nakamura). We told you the other day about Infiniti's new electric car coming in 2012.
Crunch watch Dec 08: the auto industry in crisis
Wed, 31 Dec 2008By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.