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Video: Lexus' Calty design team on their LF-LC concept

Lexus has released an official video of its Lexus LF-LC concept, winner of the ‘Best Concept Car' at the 2012 EyesOn Design Awards. The video features comments from the design team at the company's Calty studio in Newport Beach, California, including Project Chief Designer William Chergosky, Senior Creative Designers Edward Lee and Ben Chang, Studio Manager Ian Cartabiano as well as President Kevin Hunter. The LF-LC hybrid sports coupe is the result of a brief to the Calty team to design a future hybrid sports coupe concept.

McLaren P1 – the new F1 / P12 arrives

The McLaren P1 – spiritual successor to the legendary McLaren F1 – has been revealed ahead of a public debut at Paris 2012. It’s been a long time coming, but the new McLaren P1 – the name for what we’ve thought of as the McLaren P12 or new F1 – has finally been unveiled. As expected, the new McLaren P1 has more dramatic styling than the MP4-12C with its aerodynamic parts matt black and the flowing contours of the dramatic body painted, with headlights offering a nod to McLaren’s logo and a roof scoop that’s reminiscent of the F1′s.

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.