1963 Ford 2 Door Hard Top Right Door Window Glass W Chrome Trim & Channel on 2040-parts.com

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.

Japan hopes to make EV recharging technology the global standard

Japan's automakers aim to cement their lead in electric vehicles by making Japanese recharging technology the global standard and bringing it to the United States. A coalition of manufacturers, including Nissan and Toyota, is teaming with Japan's biggest electric company and the government to make it happen. They aim to corner the market on one of the technologies that will be key to the eventual acceptance of electric-powered cars: the high-speed charging points that will act like gasoline stations of the future and enable drivers to recharge and keep driving after their batteries run low.

Citroen C5 – Model range & new engines

Citroen has added two new engines and tweaked the C5 range The Citroen C5 is a better car than you’d think. It manages to differentiate itself from the German competition – mainly with its different driving dynamics. With its hydroactive suspension it is comfortable in a way no German saloon ever could be, without giving away too much in the handling stakes.