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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.

CAR 20 Most Wanted of 2014: BMW i8

By the CAR editorial team First Official Pictures 12 December 2013 15:00 There's no more exciting way to start our top 20 most wanted countdown than with a BMW supercar. This is no petrol-powered M1 successor three decades late, but a sexy hybrid capable of a 4.5sec 0-62mph sprint, or a fairy-tale 114mpg. The i8 started life as a finger-in-the-air 2009 concept; in 2014, the mid-engined 2+2-seater goes on sale with its layout intact, the only big change being the loss of transparent bodysections.

Mazda 3 five-door (2008): the first photos

By Tim Pollard First Official Pictures 25 November 2008 09:43 Mazda has issued five photographs of its new 3 hatchback ahead of its debut at next week's Bologna motor show. The five-door, announced today, follows hot on the heels of the Mazda 3 four-door saloon unveiled at last week's 2008 Los Angeles Auto Show.Few firm details have been released today, but Mazda claims the engines will be more efficient, the kerbweight lighter and 'the world's first catalyst to be constructed using single nanotechnology.' Apparently this cat uses significantly fewer rare materials such as platinum and palladium than regular filters.The new 3 will have a new range-topping 2.2-litre turbodiesel, developing 183bhp or 148bhp. Both are EU5 compliant and are cleaner and more powerful than the current 2.0 TD.