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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.

Ferrari reveals Enzo replacement teaser shot

Ferrari has revealed the first teaser shot of the Enzo replacement, expected to be unveiled early next year. The Italian carmaker printed the photo in the latest edition of the official Ferrari Magazine, and just from the teaser we can tell that it continues with the brand's latest design direction. The Enzo's replacement also appears to feature the ‘double-bubble' design.

JAC SC-9 concept promises new brand identity, hi-tech interface for Beijing

The JAC SC-9 concept is the latest concept to be announced ahead of next week's Beijing motor show. A statement from the company describes this crossover as combining the "exclusivity of a luxury Gran Turismo, the flexibility of a genuine off-road vehicle and the excitement of a high performance sports car" and we're interested to see how these characteristics are brought together. Designed in JAC's Turin-based Italian Style Centre under design director Lou Tik, the SC-9 is also said to introduce a new brand identity for the Chinese carmaker as well as featuring "ground-breaking interface technology".