Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

Koenigsegg signs deal to buy all of Saab

By Tim Pollard Motor Industry 18 August 2009 10:17 Supercar maker and industrial group Koenigsegg today announced it had signed the deal to buy every one of GM's shares in Saab. The news clears the way for Saab's rebirth as an independent car maker freed from the shackles of General Motors and follows an earlier memorandum of understanding. Koenigsegg has signed the stock purchase agreement to buy 100% of Saab – but there are still numerous hurdles before the deal completes 'in the next few months.' Exactly.

2011 BMW X3 leaks

The 2011 BMW X3 - together with required camouflage To say that details have leaked is a bit disingenuous, as the leak has emanated from BMW. So although technically I suppose we should call it a leak because the details are not exactly concrete – and the photos are of camouflaged cars – it’s more of a tease than a leak. The photos tell us not a huge amount – it’s a new BMW X3 with some black and white bits on.

SAIC Leaf concept

The Shanghai Automotive Industry Corporation (SAIC) will unveil this futuristic concept at next week's Beijing motor show. Called the Leaf, the new concept has no relation to Nissan's concept car shown in Tokyo last year. It is a much more fanciful two-seat concept car whose design is entirely open to the elements, and it also features a slew of environmentally-friendly technologies.