Jaguar Electric Tachometer Smiths Rv 7403/00 3.8 E Type on 2040-parts.com

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.

Road drainage problems increasing

ROAD DRAINAGE during the mid-summer heatwave was no better than in the early-year floods, according to 40% of drivers. A further 9% said drainage in June was even worse than during the winter downpours, the AA/Populus survey of more than 18,000 AA members showed. Most dissatisfaction with the state of the roads in mid-summer was shown by drivers in Yorkshire and Humberside, with 46% of them reckoning drainage was no better than during the winter.

Aston Martin V12 Vantage Roadster & new Vanquish hit the Nurburgring (video)

Aston Martin may have already revealed the new Vanquish and the V12 Vanquish Roadster, but they’re still playing at the Nurburgring. For a small company with limited resources, Aston Martin is doing very well on the new model front. First we had the launch of a new car with an old name – the new Aston Martin Vanquish – followed earlier this month by the official reveal of the soft-top V12 Vantage – the Aston Martin V12 Vantage Roadster.