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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.

2009 Mini Convertible Springs In

It’s been a bit of a ‘Mini-Fest’ this week, what with the Mini E in Berlin and the news that the Mini is the least depreciating car in the UK. And now we have the first official images of the new Mini Convertible, due to hit showrooms in Spring 2009. Based of course on the latest Mini, the convertible keeps the familiar face, but has a raised shoulder line to accommodate the soft-top.

2015 Corvette Stingray Z06 will debut at Detroit auto show

Happy with your 2014 Corvette Stingray? Well, good for you -- and enjoy the buzz while it lasts. True to Vette tradition, the release of one model means that a bigger, badder version is just around the corner.