GM, Koenigsegg sign deal on Saab sale

General Motors Co. reached a deal Tuesday to sell its money-losing Swedish subsidiary Saab to Koenigsegg Group AB. The companies signed a stock purchase agreement that would give the tiny Swedish supercar maker 100 percent of Saab's shares, GM Europe said in a statement.

The Cavallino Classic-A celebration of everything Ferrari.

Deep in the heart of winter, Florida's Gold Coast becomes the “Center of the Universe” for Ferrari fanatics as thousands of Tifosi turn out for the Cavallino Classic. Based in Palm Beach, Prancing Horse aficionados converge on the resort town that is also an island for a four-day convention celebrating the art of a certain Italian automobile. While there was a preponderance of rosso corsa (race red) on the greens, the objects of Enzo's intentions displayed a surprisingly vivid pallet that ranged from silver to yellow, to blue metallic and even Dennis Nicotra's inspiring 1953 matte black-finished 166MM, making its debut after an extensive restoration.

One lap of the Web: Lost childhood cars, the Jeep Wagoneer at 50 and Airstream's rental service goes live

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Hooniverse poses a poignant question: What family car do you wish your parents had held on to?