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Saab strikes deal with BMW for 9-3, 9-1 engines

The 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.

Panasonic invests $30 million in Tesla Motors to develop batteries

Japanese electronics giant Panasonic Corp. said late Wednesday it invested $30 million in Tesla Motors Inc. to cooperate on green powertrain development.

Geneva Show 2014: High Performance XF Wagon Roars Into Geneva

ORIGINALLY launched as a luxurious but sensible premium estate car, it was always a matter of when not if the stylish XF Sportbrake would receive Jaguar’s famed high performance makeover. The Brit car maker has exceeded expectations, as the newly christened XFR-S Sportbrake packs a considerable 542 horsepower from a supercharged 5.0-litre V8 petrol engine. Tweaks to the regular car’s suspension, steering and transmission help it reach 60mph from rest in a blistering 4.6 seconds and top out at an electronically limited 186mph.