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Watch Koenigsegg One:1 active aero in action

Christian Von Koenigsegg and Drive are back with another installment of “Inside Koenigsegg.” Episode 3 focuses on the One:1's active rear wing. The naked carbon-fiber wing on the 1,360-hp Koenigsegg One:1 gets a front-top mounting, which reportedly causes less turbulence than a rear-mounted wing. The total weight is about 20 pounds, which von Koenigsegg claims is about 1/3 of what most active wing systems weigh.

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.

Toyota, Honda lead U.S. industry to 22 percent gain

U.S. light-vehicle sales, paced by Toyota and Honda, rose 22 percent in June as U.S. consumers continued to shake off economic jitters and replace aging cars and light trucks.