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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.

Kia Carens MPV (2012) first official pictures

Kia has taken its compact family wagon, the Carens back to the drawing board with the release of the all-new 2012 model, bringing it up-to-date with Kia’s current design direction.   The Carens is the last model in Kia’s line up to receive the ‘tiger nose’ facelift under the direction of chief designer Peter Schreyer, best known for designing the Mk 1 Audi TT.   The revised Carens takes on a sharper, more ‘athletic’ shape than the former chunkier model, offering a more practical, cab-forward take on the sportier looking new Ceed on which it is based.

Citroën designer teases production Cactus on French TV

Citroën has given us a first glimpse of its production C4 Cactus model on a French television show. Viewers of TF1's ‘Auto Moto' program saw its presenter briefly lift the cover from the car's side, which showed that the unique ‘Airbumps' - made from a spongy material that protects against everyday wear and tear - have been retained, while a B-pillar and standard door handles have been added. An interior digital render was also presented, showing a cabin that's largely unchanged from the concept, which was unveiled at this year's Frankfurt motor show.