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GM agrees to sell Saab to supercar company Koenigsegg

General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive. The deal would close by the end of the third quarter and put Saab in the hands of an upstart, boutique car company known for producing eye-catching cars with gaudy horsepower ratings and even gaudier price tags. The agreement includes $600 million in financing from the European Investment Bank.

CAR interviews new Ford CEO Mark Fields (2014)

Mark Fields, Ford's new chief executive officer and president of Ford from 1 July 2014 By Phil McNamara Motor Industry 01 July 2014 12:32 Mark Fields took over as CEO of Ford on 1 July 2014, replacing Alan Mulally. CAR magazine caught up with Fields shortly before he took over as the new Ford boss to find out what drives him – and spoke about his time running the now-defunct Premier Automotive Group, including stints overseeing Aston Martin, Jaguar, Land Rover and Mazda. It’s illuminating reading: Fields tells us how Ford considered basing Land Rovers on Ford SUVs and reveals how Ford found buyers for the Premier Automotive Group.

Audi to offer Apple and Android smartphone integration from 2015

By Adam Binnie Motor Industry 07 July 2014 11:48 Audi drivers will soon be able to use smartphone functions in their cars, as the company becomes the latest to adopt new integration technology from Android and Apple. Google’s Android Auto and Apple’s CarPlay software platforms will be available from 2015, in what Audi describes as a ‘milestone in smartphone integration’. The system will eventually allow Audi drivers to connect their smartphone to the car’s Multi Media Interface to make calls, send and receive messages, as well as getting directions and playing music.