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Koenigsegg signs deal to buy all of Saab
Tue, 18 Aug 2009By 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.
Driven: BMW X6
Mon, 07 Jul 2008Why do people like some cars and dislike others? There are all sorts of reasons for sure, but there aren't so many cars that one both likes and also dislikes. The BMW X6 takes this a stage further in being a design that is likable and unlikable for the same reason.
Are the Mini Coupe and Roadster on their way out?
Wed, 07 Aug 2013The slow-selling Mini Coupe and Roadster could be replaced by an all new sports model soon, Australian site CarSales is reporting. The pair haven't fired up the Mini faithful as some other recent models from the brand, and a refreshed Mini lineup is on the horizon including 18 new cars based on Mini's two platforms. Knowing Mini's ability to spin off models, that number doesn't sound too far-fetched.