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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.

Not every Chrysler dealer gets to sell SRT Viper

The redesigned 2013 SRT Viper will be sold at about one in five Chrysler Group dealerships, says Ralph Gilles, head of the high-performance SRT brand. To qualify for the sports car, dealerships will have to train staff, buy special tools and improve their facilities. "We're going to open it up to any dealer who can put the money forward and the training, but it's going to be pretty difficult to hit all of those things," Gilles said during a broadcast interview with journalists in Detroit this month.

Tesla London opens

Tesla has opened a Flagship Showroom in London's Kensington Located in Cheval Place in Kensington, which is round the corner from Harrods and with easy access to Heathrow (depending on the time of day and the traffic!), the new Tesla Showroom will be supplemented by Sales & Service Centres in Monaco, Munich and Zurich. The first Tesla Roadsters are due to be delivered to the UK this Summer – all of which will be the Tesla Roadster Signature Edition. However, if you don’t need to be an early adopter, you will be able to take delivery of a RHD Tesla Roadster from 2010.