1937 Ford Grille Badge Emblem Original on 2040-parts.com

GM completes sale of Saab to Spyker

General Motors today completed the sale of its Swedish Saab brand to Dutch luxury sports car maker Spyker Cars NV, marking the first successful sale of one of its four unwanted U.S. brands. The transaction combines Saab Automobile and its 3,400 employees with Spyker Cars and its 110-plus workers.

Jaguar XJ Diesel – The Swansong plaudit

The Jaguar XJ 2.7 Diesel has won the 'Greenest Luxury Car' Award And although one of the strengths of Jaguar has been its heritage it has, to a degree, also become its Achilles Heel. The first Jaguar XJs were a triumph when they were launched in 1968, and put Jaguar leaps and bounds ahead of the German competition, in the same way Jaguar had taken the world by storm with the E-Type a few years before. But things started to fall apart for Jaguar in the ’70s with the fiasco that was British Leyland, and by trying to emulate Porsche by making each iteration of the XJ an evolution of the original all they managed to do was cement in the public mindset the failings of the XJ.

Koenigsegg backs out of deal to buy Saab

Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.