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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.

VW Passat R-Line introduced

The VW Passat R-Line introduced in the new Passat range But the Passat R-Line (which will be available in both saloon and estate versions) is not really an addition to the Passat range, rather a re-working of the current model options. The Passat Sport and Passat SEL are dropped, and the new range now comprises S, R-Line and Highline. But, just as with the Tiguan R-Line, this is not a power upgrade but merely a cosmetic one.

Mercedes-Benz sells 1000,000 cars in a year in the UK for the first time

Mercedes Bristol hands over the 100,000th Mercedes old in the UK in 2013 It looks like Mercedes move in to a more convincing compact car with the new A-Class is already paying dividends, with Mercedes announcing it has already broken the 100,000 car sales in the UK for this year with a full month still to go. The 100,000th car is, appropriately, a white Mercedes  A 180 CDI Sport – perhaps the best-selling A-Class – which has been collected by its new owner from Mercedes-Benz of Bristol. This is the first full year the new A-Class has been on sale (although the first customer cars didn’t start arriving until well in to the new year) and augers well for sales numbers in 2014.