Centric Parts 122.66042 Brake Drum on 2040-parts.com

Koenigsegg backs out of deal to buy Saab

Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.

NHRA marks Don Garlits's 80th birthday with fundraising Rat Roast

Drag racing's “Big Daddy” Don Garlits celebrated his 80th birthday on Jan. 14. To mark the milestone, the NHRA is holding a charity event during the season-opening O'Reilly Auto Parts NHRA Winternationals next month.

CAR video interview: Audi design chief Wolfgang Egger

Watch Wolfgang Egger, head of Audi group design, explain his latest designs to CAR Magazine in our new video interview below. We sat down one-to-one with Egger and asked him about the new Audi e-tron concept, A8, A1, those headlights and where exactly Audi design is heading.Be warned: it's quite a long video at 23 minutes long, but we judged it better to give you the full unedited film rather than edit it down to soundbites. Watch the video in our player below.