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GM, Koenigsegg sign deal on Saab sale

General Motors Co. reached a deal Tuesday to sell its money-losing Swedish subsidiary Saab to Koenigsegg Group AB. The companies signed a stock purchase agreement that would give the tiny Swedish supercar maker 100 percent of Saab's shares, GM Europe said in a statement.

LA Motor Show: Honda brings mass-volume hydrogen power closer

HONDA has showcased its next generation hydrogen fuel cell technology, which is the first to fit entirely within a traditional engine bay. A 60% increase in energy density and a 33% reduction in size have jointly allowed the creation of the new Fuel Cell Electric Vehicle (FCEV) concept, which has a range of roughly 300 miles and can be refuelled in about three minutes. With all its components in a single location, the FCEV benefits from huge freedom in design for the rest of the car.

New MINI to be revealed on 18th November – Sir Alec Issigonis’ birthday

The new MINI will be revealed on 18th November A couple of weeks ago, MINI revealed the MINI Vision Concept at the MINI Design Studios in Munich which previews the new Mk3 MINI, although it wasn’t a physical car, just a projected hologram. But the real new MINI isn’t far from a reveal, and MINI has announced that it will arrive on 18th November, which just happens to be the 107th birthday of the creator of the original Mini – Sir Alec Issigonis. The reveal will take place at the MINI Plant in Oxford with a party in London the same evening to celebrate, and on the 20th November the new MINI will be revealed in public at events in Los Angeles and Tokyo ahead of the Tokyo and Los Angeles Motor Shows.