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GM agrees to sell Saab to supercar company Koenigsegg

General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive. The deal would close by the end of the third quarter and put Saab in the hands of an upstart, boutique car company known for producing eye-catching cars with gaudy horsepower ratings and even gaudier price tags. The agreement includes $600 million in financing from the European Investment Bank.

Banksy 'Car Plant' work for sale

AN ART GALLERY wants to sell a work created at an abandoned Detroit car plant by the elusive British graffiti artist Banksy. 555 Nonprofit Gallery and Studios co-founder Carl Goines said proceeds from the sale would go to expand the gallery's programming. Mr Goines said he's hoping the Banksy work will bring in between 200,000 to 1.2 million dollars (£120,000 to £720,000), which he says is the range of recent sales.

2014 Nissan Juke crossover and X-Trail SUV prices announced

Nissan has announced the pricing and specification details for the refreshed Juke and the all-new X-Trail. The Juke – which goes on sale in June – will start at £13,420, whilst the X-Trail – which will be in showrooms from July – starts at £22,995. On Bing: see pictures of the 2014 Nissan Juke Nissan X-Trail stars at 2013 Frankfurt Motor Show It’s very much business as usual for the Juke, with Nissan keen not to change what has become a winning formula in the small crossover sector.