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Kia preparing a range of sporting models

Kia is quietly readying a string of sportier models to pep up its humdrum image, CAR has learned. The burgeoning sports car plan is likely to sire everything from hot hatches to standalone sports cars. On our trip to Korea this week, sources at Kia HQ confirmed a range of performance models, designed to mix some excitement into a brand that now commands respect from mainstream buyers after its crawl upmarket to the volume market alongside Europe's mass-market brands.

Which car has the best residual value? A MINI

The MINI has the lowest depreciation of any car in the UK When it comes to buying a car, many of us decide how much we can afford to spend and then go and look for a car that fits our budget. But what we should really be looking at is how the car we want will be worth in the future – its residual value. Because the residual value of your car is often where the biggest costs lies, and it has a major impact on monthly payments if you decide to acquire your nice new car on a contract hire or leasing deal.

Swedish sports-car maker Koenigsegg may buy Saab

General Motors has chosen Swedish luxury sports car maker Koenigsegg Automotive AB as the preferred bidder for the Saab brand, news reports said. Koenigsegg and Norwegian investors have signed a letter of intent to take over Saab, Swedish television said Thursday, attributing its report to unnamed sources. "The deal is there now and a few minor details remain," a source told Reuters.