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GM, Koenigsegg sign deal on Saab sale

General Motors Co. reached a deal Tuesday to sell its money-losing Swedish subsidiary Saab to Koenigsegg Group AB. The companies signed a stock purchase agreement that would give the tiny Swedish supercar maker 100 percent of Saab's shares, GM Europe said in a statement.

Bugatti reveals one-off ‘Sang Bleu’ at Pebble Beach

Bugatti is celebrating its 100th anniversary with yet another one-off Grand Sport, called the Sang Bleu. It was revealed Friday as part of festivities for the Pebble Beach concours weekend. It’s a two-tone car, but paint is not the secret.

Mopar salutes Don Garlits and muscle-car past as it eyes global future

Mopar made its name in performance and parts, but Chrysler's aftermarket division is staking its future on practicality. The brand celebrated its 75th anniversary on Tuesday at the Mopar engineering lab in Center Line, Mich., just north of Detroit. While it rolled out four custom cars with various stages of show-and-go upgrades and drag-racing legend Don Garlits, Mopar officials were decidedly forward-looking.