Honda Life 2005 Electric Fan [4667650] on 2040-parts.com

Saab sale to National Electric Vehicle Sweden confirmed

The sale of a substantial portion of Saab assets to National Electric Vehicle Sweden has been confirmed. It’s taken a very long time, but Saab has finally found a new home in the hands of National Electric Vehicle Sweden, as we reported last week. National Electric Vehicles Sweden has been set up to take over the assets of Saab and is a consortium of Japanese, Swedish and Chinese stakeholders, but it does not get the contentious Saab 9-5 technology that has dogged the sale of Saab so far.

Lamborghini Countach LP400 breaks $1 million sale barrier

A 1975 Lamborghini Countach LP400 "Periscopica" sold for $1.21 million at the Bonhams auction held in conjunction with the Greenwich Concours d'Elegance on Sunday, June 1, setting a record for the model. Named for the roof-mounted periscope-style rearview mirror that adorned the first 150 Countach models, the stunning "Blu Tahiti" example was the first example of the Countach to break the $1 million mark. We can probably guess what you're thinking: The Countach hadn't broken the $1 million barrier until now?

Daniel Simon creates livery for HRT Formula 1 car

Visual artist and automotive futurist Daniel Simon has created a striking red and white livery for Hispania Racing's new Formula One car. Called the F111, the new racecar has been developed by the outfit's own engineering and design team, which is led by technical director Geoff Willis and chief designer Paul White. Simon's eye-catching work demonstrates the ambition of the team this season.