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GM, Koenigsegg sign deal on Saab sale

General Motors Co. reached a deal Tuesday to sell its money-losing Swedish subsidiary Saab to Koenigsegg Group AB. The companies signed a stock purchase agreement that would give the tiny Swedish supercar maker 100 percent of Saab's shares, GM Europe said in a statement.

2012 Mercedes SL 65 AMG at New York Auto Show?

Are Mercedes planning a new SL 65 AMG (old model pictured) It looks like Mercedes-Benz has decided that the world still needs a V12 SL and are planning to reveal the 2012 Mercedes SL65 AMG at next month’s New York Auto Show. As you can’t have failed to notice, with a few exceptions from Italy, big cylinder engines are on the way out in favour of more efficient, and more frugal, forced induction engines with fewer cylinders. But it’s starting to look like Mercedes may be bucking the trend with slightly surprising plans to take a V12 version of the new SL to the New York Auto Show next month – the Mercedes SL 65 AMG.

Kia Carens (2012) first offical pictures

Another Paris motor show attendee has been confirmed today: the lower, sleeker, altogether less mumsy 2012 Kia Carens. Ex-Audi design guru Peter Schreyer looks to have treated the Carens to the now-trademark Kia grille and more European-style design, but all we've got to go on so far are these rather 'negative' teaser images from Kia. Kia's 2012 Carens: the details Judging by these Photoshopped teaser photos, the new Kia Carens is a world apart from the more squared-off, minivan MPVs that have gone before.