2014 15 Mercedes C Class W205 Nav Display Screen A2059002211 on 2040-parts.com

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.

2014 Toyota 4Runner gets mid-cycle refresh

The Toyota 4Runner is getting a mid-cycle refresh for 2014. The Japanese giant gave the SUV a new exterior treatment, interior refinements and added some comfort and convenience options. The 270-hp, 4.0-liter V6 is the only engine available.

U.S. vehicle sales rise 2 percent in April

UPDATED: U.S. light vehicle sales rose 2 percent in April to 1.2 million units, slightly above analysts' expectations, as consumers continued to snap up new cars and other fuel-efficient models at a faster clip than trucks and SUVs. In another sign the U.S.