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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.

Striking new Kia concept for Frankfurt

It wouldn’t be a motor show without a wild and outlandish concept car from Kia and it looks like the 2013 Frankfurt Motor Show in September will be no different. Kia has announced details of the as yet unnamed concept that “hints at a possible future B-segment contender ready to take on the urban environment with style and tenacity”. It’s also said to be “playful but gutsy, sturdy yet impish” – so could it be a small crossover?

Lotus Evora’s high profile waiting list

Lotus has certainly had its ups & downs over the years. Started and run by the legendary Colin Chapman, Lotus has always done its own thing – not always successfully, it has to be said. But the last few years has been something of a renaissance for Lotus, with the extremely able and agile Elise and its siblings selling well.