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Milestone in life matched by car change

MOST DRIVERS in the UK mark key milestone moments in their life with a change of car. Four out of five British drivers say they will change their car to give their first-born child a more comfortable drive home, while others say they would swap cars if they won the Lottery. A survey by the AA found that 26% of drivers will change to a new car if they start a new job, while 21% decide on a different car because of retirement.

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.

Renault Twingo

Renault has released the first official picture of the new Twingo, a model set to make its debut at the forthcoming Frankfurt motor show. A clear departure from current form, the revised Twingo adopts the DRG from the DeZir, R-Space and Captur concepts. The full width grille sits atop foglights reminiscent more of the Nissan Juke than the DeZir's smaller items.