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Meguiar's condition improves to stable

Avid car collector and TV host Barry Meguiar is in stable condition and his health is improving, according to a statement from Meguiar's Inc., the car-care-products company that bears his family name. Meguiar, 67, was hospitalized in Monterey, Calif., last weekend while attending the Pebble Beach Concours d'Elegance, and on Wednesday, his condition was reported as serious. The company statement, released on Thursday afternoon, said Meguiar had contracted an undiagnosed virus recently while recording his TV show, "Car Crazy," outside the United States.

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.

Aston Martin One-77 on London streets +video

The Aston Martin One-77 in London We’re getting really close to the first production Aston Martin One-77 getting in to the hands of a customer (and in all probability in to the hands of the guy who’s bought 10 AM One-77s), and for the first time we’ve actually seen the One-77 out in the wild. This One-77 was taking part in a supercar run from London to Silverstone on Friday to promote the FIA GT1 World Championship which takes place this weekend at the new Silverstone track, and was the first chance to see the One-77 both on the move and away from a static display at an event. We’ve seen the One-77 in the flesh a couple of times, but each time it’s been the same car (the AM One-77 from Salon Prive last year) but this is a different car.