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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.

SEAT Leon gets an update

SEAT Leon - Gets updated for 2009 [ad#ad-1] The SEAT Leon has been around for a few years now, and SEAT has decided it’s time for a facelift, so a revised Leon gets a debut at Geneva next month before appearing in showrooms in the Summer. SEATs, on the whole, are perceived as a cheaper alternative to a Golf, which is not a bad summation. Slightly cheaper materials, particularly noticeable on the interior plastics, differentiate the Spanish sibling from its German counterpart.

Ford KA sells 500,000 in the UK

Ford has racked up total sales of 500,000 KAs in the UK And despite a few reservations when we did our Ford KA Review a couple of months ago, it looks set to continue racking up the sales with the new KA, which has already racked up 11,000 sales in the UK since it was introduced. To be honest, our only real reservations on the new KA were a couple of subjective styling issues and the somewhat hard seats. But it is undoubtedly a funky and capable little car that will serve Ford well.