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Koenigsegg backs out of deal to buy Saab
Tue, 24 Nov 2009Swedish 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.
Mitsubishi readies Outlander plug-in hybrid (2012)
Mon, 18 Jun 2012Mitsubishi is set to pull the wraps off the plug-in hybrid version of its Outlander SUV at the 2012 Paris motor show. As CAR previously reported back in February, Mitsubishi is continuing its commitment to electrify its range, with the Outlander PHEV incorporating lesson's learned from the brand's fully electric iMiEV city car. Hang on.
Porsche Cayman and Boxster GTS on the way
Wed, 29 Jan 2014Porsche Cayman GTS and Boxster GTS variants are expected to be unveiled at the 2014 Beijing Motor Show this year, before the upgraded versions of the German firm’s two-seater coupe and convertible models go on sale in April. According to reports, development work on both cars is now almost complete, with both vehicles gaining a power increase and revised styling over existing Cayman and Boxster models (pictured). On Bing: see pictures of the Porsche Boxster GTSFind out how much a used Boxster costs on Auto Trader Porsche has used the ‘GTS’ tag before, for versions of its existing cars that provide a more focused driver experience and greater emphasis on involvement and handling, and which retain normally aspirated engines.