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GM agrees to sell Saab to supercar company Koenigsegg
Tue, 16 Jun 2009General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive. The deal would close by the end of the third quarter and put Saab in the hands of an upstart, boutique car company known for producing eye-catching cars with gaudy horsepower ratings and even gaudier price tags. The agreement includes $600 million in financing from the European Investment Bank.
New Porsche World Premier at LA Motor Show. But what is it?
Fri, 04 Nov 2011Porsche World Premiere Los Angeles - a new version of the 918? With the Los Angeles Motor Show looming later this month, car makers are starting to tease. And Porsche are teasing with their offerings for LA with the promise of a world premier of a new Porsche.
Italdesign Giugiaro’s latest concept peek [w/video]
Thu, 23 Feb 2012Giugiaro has tweeted a mysterious video and second abstract image of its new concept car, due to be unveiled at Geneva next month. The video is just as frustrating as the first image the design house released, with very few details revealed. However it gives an indication of the name of this widely anticipated concept, Italdesign Giugiaro captioning the video, "what's the name?