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GM and Koenigsegg agree Saab sale

By Ben Pulman Motor Industry 16 June 2009 11:00 American car giant General Motors has signed a memorandum of understanding for the purchase of Saab by an investment group led by Swedish supercar manufacturer Koenigsegg. That's the deal. Supercar maker Koenigsegg Automotive, together with a consortium of private investors, has formed Koenigsegg Group, which has reached a ‘tentative agreement’ to buy Saab from GM.

First Sight: Honda Civic - North America

 This is the new US market, 8th generation Honda Civic that follows on soon from the announcement of the 8th generation European Civic about to make its public debut at the Frankfurt Motor Show, and the Civic Si Coupe concept shown at Chicago earlier this year. Although relating closely to its hatchback European sibling, the US market Civic is available as a four door sedan or two door coupe - underscoring the principal difference in market preference between Europe and America for this size of car. Specification The Si Coupe is available from launch with the 2.0 liter, 197bhp VTEC engine, whilst the sedan and standard coupe have a 1.8 liter, 140 bhp VTEC engine.

McLaren MP4-12C Revealed

McLaren has released details of their new supercar - the McLaren MP4-12C Known for so long by its code name – P11 – this MP4-12C is the first real McLaren since the legendary F1. And on the face of it it certainly looks like it has enough to offer to stand proud as the inheritor of McLaren’s reputation for exceptional road cars. Not scheduled to go on sale until 2011, the MP4-12C is aimed at the heart of Supercar sales, expected to go on sale at a price a small notch above the latest offering from Ferrari – the 458 Italia – at around £160,ooo.