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Swedish sports-car maker Koenigsegg may buy Saab

General Motors has chosen Swedish luxury sports car maker Koenigsegg Automotive AB as the preferred bidder for the Saab brand, news reports said. Koenigsegg and Norwegian investors have signed a letter of intent to take over Saab, Swedish television said Thursday, attributing its report to unnamed sources. "The deal is there now and a few minor details remain," a source told Reuters.

Ford taps programs, in-car technology to aid teen driving

Teenage boys are more likely to neglect their seatbelts, while teenage girls will get distracted by passengers more often, according to a recent study from Ford. Ford commissioned Penn Schoen Berland to survey 500 teens and 500 parents about teen driving habits and perceptions. In addition to comparing boys and girls, the survey found that both parents and teen drivers believe winter is the most dangerous season for driving.

Burnin' for You: Porsche Cajun gets the green light for production

The Cajun is a go. Porsche will continue to pepper the SUV market with a new entry below the successful Cayenne, and the Cajun is expected to launch in North America in 2013. Porsche's supervisory board instructed the company to develop plans for production in a meeting on Monday.