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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.

Land Rover Discovery 4 HSE Luxury Special Edition

Land Rover Discovery 4 HSE Luxury Special Edition Land Rover has revealed a luxury special edition discovery at the New York Auto Show – the Discovery 4 HSE Luxury – the highest spec Disco ever. It’s not hard to work out that Land Rover are in the process of replacing their current range of Discovery, Range Rover, Range Rover Sport with new models. We had the Range Rover Westminster back in February and today at the New York Motor Show we get the Disco run-out model with the reveal of the Land Rover Discovery 4 HSE Luxury Special Edition.

Tesco joins Asda in fuel price cut

SUPERMARKETS Asda and Tesco have provided some autumn cheer for motorists by reducing their fuel prices. First, Asda announced that from Tuesday it would be knocking 2p a litre off the price of its petrol and 1p a litre off diesel. Then Tesco said it would be reducing its petrol "by up to 2p per litre" and cutting its diesel by 1p a litre - also from Tuesday.