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Swedish sports-car maker Koenigsegg may buy Saab

General Motors has chosen Swedish luxury sports car maker Koenigsegg Automotive AB as the preferred bidder for the Saab brand, news reports said. Koenigsegg and Norwegian investors have signed a letter of intent to take over Saab, Swedish television said Thursday, attributing its report to unnamed sources. "The deal is there now and a few minor details remain," a source told Reuters.

Porsche Panamera (2009) first photos, video, podcast and... jazz song!

By Tim Pollard First Official Pictures 15 September 2008 14:00 This is the first undisguised photograph of the new Porsche Panamera four-door saloon. It may be lacking disguise, but there's precious little we can see in this artfully cropped first picture of the Panamera. Although it offers an annoyingly restricted view, this is the first time we've seen Stuttgart’s new gran turismo.

Alfa Romeo 4C arrives stateside in New York

Not long after the last transport departed New York Harbor with a cargo of unsold 164s, an Alfa Romeo executive was probably quoted as saying, "we will return next year!" We have been eagerly anticipating the return of Alfa Romeo for the last 19 years, long enough for the last Milano to rust whence it came, every year the brand just another year away! Well, this year -- yes, this year, finally, no really -- the Alfa Romeo 4C heralds the brand's reintroduction to America -- just as it did last year, remember -- as early as this summer. You'll have to forgive us for such skepticism -- we've been burned by our desire to invoke Italian driving passion and all that, but it's also hurting the Fiat dealers who scrape by on a lack of product.