2015 Drive Performance Magazine Subaru, Sverre Isachen, '97 Impreza L Coupe on 2040-parts.com

Saab reportedly bought by Chinese-led consortium

A Chinese-controlled consortium has completed a deal to buy the assets of bankrupt Swedish carmaker Saab, media reports said. National Electric Vehicle Sweden (NEVS) will pay 1.5 billion to 1.8 billion kronor ($210 million to $250 million) for Saab, excluding spare parts company Saab Automobile Parts AB, according to reports in Sweden. NEVS did not confirm the reports.

Low-level lights for cyclists get approval

NEW TRAFFIC LIGHTS designed specifically for cyclists have been approved by the Government, following a successful trial. The low-level lights repeat the signals displayed by the normal traffic lights, and the results of the trial were that 80% of cyclists favoured their use. Following the approval Transport for London can now install the lights at Bow Roundabout – the first time the lights have been used in the UK.

Cool Cars and Hot August Nights

Hot August Nights is a weeklong party, and the cars are the stars. Not just any cars--vintage, cool cars, mostly from the 1950s and '60s. American-made muscle cars such as Ford Mustangs, Shelby Cobras, Chevrolet Camaros and Pontiac GTOs dominate the festival in Reno, Nev., but there are also plenty of Cadillacs, Oldsmobiles, AMCs and even some Jaguars, Volkswagens and Mini Coopers seen cruising the streets of northern Nevada.