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GM and Koenigsegg agree Saab sale
Tue, 16 Jun 2009By Ben Pulman Motor Industry 16 June 2009 11:00 American car giant General Motors has signed a memorandum of understanding for the purchase of Saab by an investment group led by Swedish supercar manufacturer Koenigsegg. That's the deal. Supercar maker Koenigsegg Automotive, together with a consortium of private investors, has formed Koenigsegg Group, which has reached a ‘tentative agreement’ to buy Saab from GM.
Aston Martin to recall nearly 17,000 cars
Tue, 19 Nov 2013Aston Martin has announced it is to recall 16,825 cars globally to rectify an issue that has emerged with the throttle pedal of its cars. Models built between November 2007 and October 2013 will be recalled, the firm says, because they “may exhibit a defect in the throttle pedal”. Aston Martin V12 Vantage S review (2013 onwards) Driving the Lord Mayor’s Show in an Aston Martin This includes 1,382 right-hand drive cars built between May 2012 and 3 October 2013, plus 15,443 left-hand drive cars built between 11 November 2007 and 3 October 2013.
Lexus targets BMW X3 with new crossover
Fri, 04 Apr 2014LEXUS is set to join the mid-size crossover fray when it launches the NX at the Beijing Motor Show later this month. The move could be a massive one for Lexus as it tests the water in what has become one of the fastest-growing and fiercest-fought market sectors of them all. This teaser shot is all that Lexus is willing to show of the new car before then, but the headlight shape is clearly inspired by the formidable LFA hypercar.