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Christian von Koenigsegg talks Saab

Christian von Koenigsegg talks about the future of Saab in the video below But Christian is not a man who courts personal publicity. So it’s a sign of how important the Koenigsegg-Saab deal is to him – and The Koenigsegg Group – that he’s come out of the woodwork to talk about the Saab deal. We first reported that Koenigsegg were to buy Saab back in May when we heard the first rumblings that Saab had a Swedish suitor.

Toyota Prius lending its name to future hybrid models

Toyota Motor Sales U.S.A. will use the Prius name on more hybrid models in its U.S. lineup, the automakers' top executives told dealers.

BMW will build electric cars in Leipzig

BMW AG will produce its electric-car range at its plant in Leipzig, Germany, the automaker said on Monday. In addition, BMW factories in Wackersdorf and Landshut, Germany, will produce parts for the so-called Megacity Vehicle. “The BMW Group will build the car of the future in Leipzig with high-tech innovations from Bavaria,” BMW CEO Norbert Reithofer said in a statement.