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Koenigsegg signs deal to buy all of Saab
Tue, 18 Aug 2009By Tim Pollard Motor Industry 18 August 2009 10:17 Supercar maker and industrial group Koenigsegg today announced it had signed the deal to buy every one of GM's shares in Saab. The news clears the way for Saab's rebirth as an independent car maker freed from the shackles of General Motors and follows an earlier memorandum of understanding. Koenigsegg has signed the stock purchase agreement to buy 100% of Saab – but there are still numerous hurdles before the deal completes 'in the next few months.' Exactly.
Audi debates bringing its Q3 crossover to the United States
Mon, 19 Sep 2011Audi hasn't decided whether to bring the compact Q3 crossover to the United States, but it could happen in three years after a midlife freshening, said Johan de Nysschen, president of Audi of America. "We have to look at the economic feasibility, and it has to hit targets. We have to overcome certain challenges," de Nysschen said at the Frankfurt auto show.
Audi teases its future sporty RS models for 2013
Wed, 12 Dec 2012At the launch of Audi's new 444bhp RS5 Cabriolet, CAR's eagle-eyed road test editor Ben Pulman spotted an image of the future of Audi's RS brand. Four new RS models due to go on sale in 2013, joining the current crop of TT RS, RS4 Avant and RS5 coupe models. What's next for Audi RS in 2013, then?