Street Wave Car Speaker Neon Yellow 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.

Lotus Exige S Roadster at 2012 Geneva motor show

Here’s the new Lotus Exige S Roadster, unveiled on the eve of the 2012 Geneva motor show. With a sub-four second sprint to the 60mph mark, it’s Hethel’s quickest soft top ever; we've already seen the Lotus Exige S in coupe guise, but this is the open-top Roadster variant. A hefty 3.5-litre V6 engine lies behind the cockpit which, says Lotus, has received the benefits of its racing technology.

New Nissan Micra costs from £9,950

New Nissan Micra Facelift (pictured) costs from £9,950 Although we saw the new facelift for the Nissan Micra in the guise of the overseas Nissan March in back in March, it took Nissan until this month to reveal the new Micra for the UK, and now we’ve got specifications and prices confirmed. Starting at £9,950 for the Micra Visia, all new Micra models come with a new front and back, upgraded interior with a new centre console, better materials and more equipment. The entry-level Visia gets Bluetooth, electric front windows, remote central locking and USB, with the mid-spec Acenta (from £11,550) adding alloys, leather steering wheel, Climate and Cruise.