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GM agrees to sell Saab to supercar company Koenigsegg
Tue, 16 Jun 2009General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive. The deal would close by the end of the third quarter and put Saab in the hands of an upstart, boutique car company known for producing eye-catching cars with gaudy horsepower ratings and even gaudier price tags. The agreement includes $600 million in financing from the European Investment Bank.
Honda EV-STER concept car (2011) first pics
Wed, 30 Nov 2011Honda has recreated a Beat-style compact electric sports car at the 2011 Tokyo motor show - this stunning EV-STER concept car. It's tiny, at just 3570mm long and 1500mm wide. And those compact dimensions mean the electric powertrain doesn't need to be too big to power this two-seater sports coupe.
2013 Lamborghini Aventador LP 700-4 roadster to be auctioned at Boca Raton Concours d'Elegance
Tue, 19 Feb 2013The just-released 2013 Lamborghini Aventador LP 700-4 roadster hasn't been on the market for long, but there's already a 15-month wait for the drop-top supercar. Fortunately, if you've got more cash than patience, there's a way to jump ahead in line: An Aventador Roadster will be auctioned during the Boca Raton Concours d'Elegance gala dinner on Feb. 23.