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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.

New Lexus RX 450h Facelift costs from £44,495

The Lexus RX 450h F Sport joins the 2012 range The 2012 facelift for the hybrid SUV Lexus RX 450h will cost from £44,495, with the new RX 450h F Sport costing £51,995. The Geneva Motor Show in March was the debut for the facelift of the 2012 Lexus SUV offering – the RX 450h – with a new, sharper, sportier option added to the range in the guise of the RX 450h F Sport. Actually, to call the changes to the 2012 RX 450h is probably to exaggerate; they’re more a bit of botox than actual surgery.

Lexus LS

Lexus has revealed its new LS model range, consisting of the LS 460, LS 600h and, for the first time ever, an F Sport version of its flagship model. The new LS is the latest development of Lexus' model range, seeing more than 3,000 changes made to the current LS, responding to customer feedback throughout its development. The inverted trapezoidal upper grille and slanted lower grille - first seen on the GS sedan - are integrated into one element.