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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.

Nissan Mixim concept

The Nissan Mixim concept car is a compact vehicle for young drivers who are mostly engaged by their computer and the world via the internet -  and it's a new step toward the Japanese company becoming greener. The design incorporates styling features not often seen in electric vehicles, including gullwing doors in a svelte coupe shape. Its wraparound windscreen, inspired by the visor of a crash helmet, dominates the profile while the swept back windscreen, flowing roofline and sharply truncated rear hints at sporting performance.

Publisher KC Crain promoted to vice president/group publisher

AutoWeek publisher KC Crain, 30, has been named vice president/group publisher at Crain Communications Inc. with responsibility for Plastics News, Rubber & Plastics News, Tire Business and Waste & Recycling News, based in Akron, Ohio. He will also supervise the European-based titles of European Plastics News, European Rubber Journal, Plastics and Rubber Weekly and Urethanes Technology International.