96 Ford F250 Fuel Tank Front Rear Switch on 2040-parts.com

Koenigsegg signs deal to buy all of Saab

By Tim Pollard Motor Industry 18 August 2009 10:17 Supercar maker and industrial group Koenigsegg today announced it had signed the deal to buy every one of GM's shares in Saab. The news clears the way for Saab's rebirth as an independent car maker freed from the shackles of General Motors and follows an earlier memorandum of understanding. Koenigsegg has signed the stock purchase agreement to buy 100% of Saab – but there are still numerous hurdles before the deal completes 'in the next few months.' Exactly.

Is this supercharged V8 destined for the Corvette ZR1?

This is a big week for spy shots, and apparently a friend of a friend of a “friend” snapped this little ditty of what could be the motor of the next Z06, or ZR1. Corvette Online nabbed the shot of a supercharged LT1-looking V8 mill; they cite the injector cover shape and the throttle body. The site also noted the twin-rotor supercharger with an LSA/LS9-style pulley on the front.

Hyundai Veloster Midship concept shows what the Veloster could be

The Hyundai Veloster Midship at the Busan Motor Show The Hyundai Veloster is actually a perfectly capable – if slightly quirky - sports car, which promises much but doesn’t actually deliver in terms of performance. In fact, when we  reviewed the Hyundai Veloster a couple of years ago with its 1.6 litre petrol engine, we wondered if Hyundai would have been better giving the Veloster a diesel lump instead, which would at least have made its paucity of power less of a problem with more torque to play with. And the Veloster Turbo isn’t a huge amount better, only offering 184 bhp and taking 8.4 seconds to get to 62mph; figures we would have expected from the base Veloster if it were to be a properly credible competitor in the sector.