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Koenigsegg backs out of deal to buy Saab

Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.

2012 Honda Civic faces limited recall for possible fuel leak

Honda is recalling 1,156 copies of the redesigned 2012 Civic because of a potential fuel leak. A mechanical seal in the fuel line on some vehicles was misplaced during assembly, leaving a gap where two segments of pipe attach and allowing for the potential of leakage. No injuries or fires have been reported in relation to the glitch, and most of the affected vehicles are still in inventory and will be fixed before going up for sale.

Aston Martin Lagonda Concept unveiled at Geneva motor show 2009

By Ben Pulman First Official Pictures 04 March 2009 06:57 Aston Martin shocked the Geneva motor show today when it unveiled the Lagonda Concept, a V12-engined SUV that’s designed to spearhead the expansion of the company into over 100 countries. And it's the first fruits of a new collaboration between Aston and Mercedes-Benz, which will provide the 4x4 hardware and engine tech - from the Merc GL SUV. Yes, or if you believe Aston Martin boss Dr Ulrich Bez, ‘the avantgarde luxury car of the future.’ The Lagonda Concept is based on the four-wheel drive chassis of the Mercedes GL (a fruition of the Aston Martin-Mercedes tie up first revealed by our very own Georg Kacher), so it’s four-wheel drive, but unlike like its donor car, the Lagonda version seats just four and features a V12 engine up front.