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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.

New Mercedes GLA does off-road – a bit (video)

Mercedes want you to know the new GLA (pictured) can do off-road too. Mercedes are wasting little time in promoting the new GLA, with yesterday’s reveal of the A-Class Compact SUV coming with the first video trailer to whet potential buyers’ appetites. But it seems Mercedes are quite keen to show that the GLA might  just offer a bit more than soft-roader credentials if you opt for a 4MATIC 4WD version (initially available on the 2.0 litre petrol GLA 250 or turbodiesel GLA 220 CDI) in their latest promo video for the GLA.

New Ford Mustang revealed for 2015: in pictures

Ford chairman Bill Ford has unveiled the new Ford Mustang at the firm’s Go Further technology workshop in Barcelona. MSN Cars is here reporting live from the event, and far from the unveiling of an irrelevant American muscle car, the new Mustang is actually rather pertinent. That’s because when it goes on sale in 2015, it’ll officially be coming to the UK in right-hand drive guise for the first time, baring some very European engineering features.