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GM, Koenigsegg sign deal on Saab sale

General Motors Co. reached a deal Tuesday to sell its money-losing Swedish subsidiary Saab to Koenigsegg Group AB. The companies signed a stock purchase agreement that would give the tiny Swedish supercar maker 100 percent of Saab's shares, GM Europe said in a statement.

Jaguar F-Type Coupe by SVO for Tour de France – JLR’s Special Vehicle Operations creates F-Type support car for Sky Team

Jaguar F-Type Coupe by SVO for Tour de France support on time trials We’ve already had two new cars from JLR’s new Special Operations division ion the guise of the new Range Rover Sport SVR and Jaguar F-Type Project 7, and now we get another – the Jaguar F-Type R Coupe support car for Jaguar’s Team SKY Tour de France exploits. The support car SVO has created is the standard F-Type R Coupe with the 542bhp supercharged V8, painted in the SKY Team’s usual blue colours and fitted with a clever roof rack to carry a couple of bikes. Other updates include tech in the car to allow team officials to communicate with the tour organisers – including radio, TV and a power supply – and are designed to be used on the individual time trial runs.

Mercedes-Benz SLS AMG: The gullwing takes flight

Before we reveal what it is like to hot-lap a prototype version of Mercedes-Benz's 6.2-liter V8-powered SLS around the 2.2-mile Sachsenring in eastern Germany, let us tell you one thing that puts the big rear-wheel-drive coupe into clear perspective. The SLS, planned to get its first public outing at the Frankfurt motor show in September, is not based on any existing Mercedes model. Rather, it has been conceived, designed and engineered from the ground up in a no-compromise approach by the German carmaker's in-house tuning division, AMG.