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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.

Geneva Show 2014: High-Tech Focus Bares All

FORD’S new Focus might have already seen the light of day, but now that the car has been given its public debut at the Geneva Motor Show the Blue Oval has released more details on its family favourite. Aside from the enhanced exterior design, key to the car’s revamp is a new suite of in-car electronics to keep you safe and entertained. The main attraction is a new version of the car maker’s Sync 2 telematics system boasting intelligent sat-nav, advanced voice control, integrated music player features and an intuitive colour touchscreen.

Ford technology could recognise your face

Does your car know who’s driving it? It may do in the future – as Ford is working on technology that can recognise your face. The carmaker has teamed up with technology experts Intel to use sensors inside the car that can identify individual people, and adapt settings to that driver’s preferences.