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Ferrari teases next California

Ferrari is set to reveal a new, or possibly improved, vehicle on Feb. 12. It will be the world premiere of the “149M Project”, which Internet rumors have pegged as a (M)odified version of the current California drop-top.

New Land Rover Discovery Sport to get 7 seats – and they’re (almost) revealed

The Land Rover Discovery Sport shows it 7-seat layout We already know that the Land Rover Discovery Sport will be replacing the Freelander in Land Rover’s range next year as the first in a family of Discovery models from Land Rover. It seemed likely that the new Discovery Sport would come with five seats as standard but with as even seat option to add another dimension, but Land Rover has decided it is going to offer 7 seats as standard, setting it apart from the competition in the ‘Premium’ sector. Land Rover are busy running prototypes of the new Discovery Sport, and to ram home the point that the new Discovery Sport is more flexible than its competition they’ve covered it in camouflage that looks like the skin of the car has been peeled back to show the 7-seat (well, 5+2) arrangement inside.

Koenigsegg signs deal to buy all of Saab

By Tim Pollard Motor Industry 18 August 2009 10:17 Supercar maker and industrial group Koenigsegg today announced it had signed the deal to buy every one of GM's shares in Saab. The news clears the way for Saab's rebirth as an independent car maker freed from the shackles of General Motors and follows an earlier memorandum of understanding. Koenigsegg has signed the stock purchase agreement to buy 100% of Saab – but there are still numerous hurdles before the deal completes 'in the next few months.' Exactly.