Ignition Lock Cylinder Motorcraft Sw-1114 on 2040-parts.com

Koenigsegg signs deal to buy all of Saab

By 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.

Fun with fiberglass: Petersen exhibit celebrates moldable material

To be an artisan in aluminum or the Stradivarius of steel, you need about 40 years as an apprentice working metal with pinchers and pullers and to spend a lot of time rolling sheets back and forth through an English wheel. To make something out of fiberglass, all you need is resin. The Petersen Automotive Museum in Los Angeles is celebrating all things fiberglass--especially the cars--with an exhibit that runs through Oct.

Act fast: M151A1 MUTT for sale on eBay, just in time for summer

Old Jeeps are great. Simple, solid, battle-tested, they look even better with a little bit of dirt and rust around the edges. The only problem is that everyone seems to have one.