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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.

Range Rover Hybrids reach midpoint of Silk Trail route to Mumbai

While cars from other automakers were basking on the soft carpets at the Frankfurt motor show, with fingerprints being wiped almost hourly from their glistening paint jobs, a trio of Range Rover Hybrid prototypes were taking the long way to Mumbai. And not just the long way, but the tough way. Twenty-two days after departing Land Rover's home in Solihull, England, a team of Range Rovers has reached the midpoint of their journey along one of the historic Silk Trail routes to Mumbai, India.

Barry Meguiar released from hospital, spent 8 days in a coma

Car enthusiast Barry Meguiar has been released from the hospital in Monterey, Calif., after 17 days of treatment for a rare form of viral pneumonia. Meguiar, 67, left the hospital on Aug. 30, according to a press release issued on Wednesday.