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GM and Koenigsegg agree Saab sale

By Ben Pulman Motor Industry 16 June 2009 11:00 American car giant General Motors has signed a memorandum of understanding for the purchase of Saab by an investment group led by Swedish supercar manufacturer Koenigsegg. That's the deal. Supercar maker Koenigsegg Automotive, together with a consortium of private investors, has formed Koenigsegg Group, which has reached a ‘tentative agreement’ to buy Saab from GM.

Volvo Emissions Equality Campaign – Great move

The Volvo V70 - less polluting than a Fiat 500 Whenever we get the opportunity – as regular readers will know – we complain about the current obsession with CO2 emissions on cars and call for car makers and Governments to act on the emissions which actually matter – NOx, hydrocarbons and particulates (and here, and here, and here and…). And it looks like Volvo agrees. Volvo are launching the ‘Emissions Equality Campaign to get car buyers to consider the whole picture when it comes to car emissions and not just look at the figure for CO2, which buyers have been brainwashed in to thinking matters (our view of CO2 – not Volvo’s).

Chrysler offers up to $6,000 in incentives on some cars

If consumers can overcome the connotations that ride shotgun with buying a new car from an automaker in bankruptcy, there are some deals to be had on Chrysler vehicles. The company said Wednesday that it will offer up to $6,000 in incentives on some of its new cars in May in the wake of a 48 percent sales drop in April. The incentives run through June 1.