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GM and Koenigsegg agree Saab sale

By Ben Pulman Motor Industry 16 June 2009 11:00 American car giant General Motors has signed a memorandum of understanding for the purchase of Saab by an investment group led by Swedish supercar manufacturer Koenigsegg. That's the deal. Supercar maker Koenigsegg Automotive, together with a consortium of private investors, has formed Koenigsegg Group, which has reached a ‘tentative agreement’ to buy Saab from GM.

Hyundai Tucson teased ahead of Frankfurt motor show

Hyundai has released a teaser shot of the next Tucson, which will be shown at the Frankfurt motor show in September. The ute will arrive in the United States early next year, and more specifics will be available closer to launch. It will wear different badging around the world and will be called the ix35 in Europe.

BMW i8 plug-in hybrid supercar is more economical than BMW thought

The BMW i8 does 134.5mpg on the official cycle. The production version of BMW’s plug-in hybrid supercar – the i8 – finally arrived at the Frankfurt Motor Show last year offering almost proper supercar price – £100k – along with an almost supercar 0-62mph of 4.4 seconds. What the i8 also offers is ridiculous economy figures thanks to its plug-in hybrid power (and thanks to the daft way official economy figures are calculated) and now, as the i8 gets ready to go in to full production, BMW has revealed that the official economy figures have just got dafter.