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Koenigsegg signs deal to buy all of Saab

By 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.

2015 Ram ProMaster City to join commercial lineup

Ram has announced that it will add the Ram ProMaster City van to its commercial lineup for 2015, growing the range from six vehicles to seven. We've known that this vehicle has been in the works for years, but this is the first time a sales time frame has been released. Much smaller than the 2014 Ram ProMaster -- smaller even than that Caravan-based C/V Tradesman -- the ProMaster City will be based on the petite Fiat Doblo.

Lamborghini Gallardo LP 570-4 Spyder Performante leaks

The Lamborghini Gallardo LP570-4-Spyder Performante at LA Lamborghini has commited to bringing a new model to every motor show. Sadly, that means a new model in whatever minor variation on a theme Sant’Agata can muster rather than an all new model. Still, a real new model every motor show would be pushing it even for Audi, and a new variant each motor show is still impressive from a company with just one current model – the Gallardo.