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2012 BMW 6-series coupe revealed in production trim

Following an initial preview in a lightly veiled concept car shown at the Paris motor show, BMW has finally revealed the definitive production version of the 6-series coupe. Set to get its first public airing at the Shanghai motor show in April, the upmarket coupe is planned to follow the 6-series convertible into North American showrooms later this year, providing BMW with a contemporary two-door to rival the Jaguar XK and the Mercedes-Benz E-class coupe. The BMW was shown by AutoWeek this fall (“Sexy 6-Series,” AW, Oct.

Saab parent company to sell Spyker luxury brand to U.S. firm

Saab parent company Swedish Automobile plans to sell its Spyker luxury-sports-car brand to U.S. private-equity firm North Street Capital for about $44 million. Spyker has been careful to point out to European news sources that the agreement has not been made final.

UK's emergency Budget 2010: how it affects motorists

Chancellor George Osborne will make the emergency spending cuts on Tuesday 22 June By Tim Pollard Motoring Issues 21 June 2010 09:51 The new UK Government's emergency Budget tomorrow is likely to announce a raft of spending cuts and tax rises bound to affect motorists.  The new Conservative-Liberal coalition government is taking the unusual step of holding an emergency summer Budget to reduce the national deficit, which stood at £156bn in 2009-10. The senior Cabinet members signed off the details of the Budget on Friday, but the details won't be confirmed until Tuesday 22 June 2010.Here's our preview of what to expect if you're a car owner:VAT riseMost pundits agree that the rate of value added tax will rise from today's 17.5%. If raised to 20% – the upper limit expected – it could raise an extra £11 billion a year for Government coffers.