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GM agrees to sell Saab to supercar company Koenigsegg

General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive. The deal would close by the end of the third quarter and put Saab in the hands of an upstart, boutique car company known for producing eye-catching cars with gaudy horsepower ratings and even gaudier price tags. The agreement includes $600 million in financing from the European Investment Bank.

Top Gear Tonight: Burma Road Trip – yes, it’s Top Gear Christmas in March

Wet in Burma in part 1 of the Top Gear Christmas Special Top Gear tonight – episode 6 of series 21 – isn’t actually part of the regular series twenty one (that was done and dusted with last week’s Porsche 918 Spyder episode) but is the first part of a two part Christmas Special Road Trip. Yes, March is a bit late for a Christmas Special, but it’s becoming the Top Gear norm. What isn’t normal is the fact that there are no cars for Messrs Clarkson, Hammond and May to drive, instead they’re all in beaten up trucks bought sight unseen from the internet for a road trip across Burma to the River Kwai.

Volkswagen updates Scirocco

Volkswagen has revealed an upgraded Scirocco, which will make its world premiere at the Geneva motor show in early March. Among the changes to Wolfsburg’s 6-year-old coupe are some subtle exterior changes, higher quality interior, and new four-cylinder engines, including a 276-hp version of Volkswagen’s EA888 turbocharged 2.0-liter in the new top-of-the-range Scirocco R. Other engines include a 1.4-liter, 123-hp four and a 2.0-liter producing 177 hp, 217 hp or 276 hp.