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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.

Post-World War II Japanese tin toys on display in New York

During the rebuilding of Japan after World War II, a Japanese toy designer took a discarded tin can and molded it into an intricate model car. Just inches in length, it created a phenomenon in the 1940s and '50s in Japan called “buriki.” Buriki is derived from “blik,” which is Dutch for "tin toy." A collection of 70 tin-toy vehicles manufactured in Japan is currently on display at New York's Japan Society Gallery. The exhibit, called “Buriki: Japanese Tin Toys from the Golden Age of the American Automobile, The Yoku Tanaka Collection,” runs until Aug.

McLaren F1 – The perfect safe haven in troubled times

The McLaren F1 (along with its ‘Super’ brother, the LM) is considered by many to be the ultimate road car. Light, fast and enormously desirable, the F1 has been a stunning success story. Initially conceived in the late ’80s, and coming to fruition with the launch of the first road car in 1995, just 65 road-going F1s where made between 1995 and 1998, with 5 further LMs (6 if you count the prototype, which is still owned by McLaren and promised to Lewis Hamilton if he pulls of the double World Championship by winning in 2009).