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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.

Only the top is soft in new Audi A5/S5 cabriolet

Audi is bucking the trend among luxury automakers who are churning out hardtop convertibles, as the new A5/S5 cabriolets that will reach these shores in October will be the old-fashioned, soft-top design. While other manufacturers such as BMW, Mercedes-Benz, Lexus and Volvo, among others, offer folding hard-tops, Audi says the compromise necessary to make room for the top and all its mechanical apparatus makes a soft-top the right choice for a small to mid-size convertible. The soft top is well insulated; even during a steady rain during our first drive of the car, the cabin was relatively quiet.

Mazda 3 five-door (2008): the first photos

By Tim Pollard First Official Pictures 25 November 2008 09:43 Mazda has issued five photographs of its new 3 hatchback ahead of its debut at next week's Bologna motor show. The five-door, announced today, follows hot on the heels of the Mazda 3 four-door saloon unveiled at last week's 2008 Los Angeles Auto Show.Few firm details have been released today, but Mazda claims the engines will be more efficient, the kerbweight lighter and 'the world's first catalyst to be constructed using single nanotechnology.' Apparently this cat uses significantly fewer rare materials such as platinum and palladium than regular filters.The new 3 will have a new range-topping 2.2-litre turbodiesel, developing 183bhp or 148bhp. Both are EU5 compliant and are cleaner and more powerful than the current 2.0 TD.