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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.

Ford touts electric range, speed of plug-in C-Max Energi hybrid

Ford's C-Max Energi plug-in hybrid wagon will be able to hit 85 mph on battery power alone, the automaker said Tuesday. The C-Max Energi can also travel 20 miles on electric power. The driver can put the powertrain into one of three modes, via a button on the center stack: -- EV Now, which runs the vehicle on the lithium-ion battery pack until it is depleted.

Bentley Mulsanne Diamond Jubilee Edition: Exclusive

Bentley Mulsanne Diamond Jubilee Edition Bentley will unveil the Mulsanne Diamond Jubilee Edition tonight at the opening of one of the world’s largest Bentley dealers in Beijing. We already know that China is now the most important market for Bentley, and that Bentley provides the Queen with the Bentley State Limousine – a custom-built Bentley in Claret and Black. Now, with the Queen celebrating her Diamond Jubilee, Bentley has found a way to pull all these threads together with the Bentley Mulsanne Diamond Jubilee Edition, a run of 60 Special Edition Mulsannes to celebrate the Queen’s jubilee – one for each year of the reign of Elizabeth II.