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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.

Top Gear: Just like Milli Vanilli, says Elon Musk

The Top Gear boys do their best Milli Vanilli impression The ongoing spat between Top Gear and Tesla – mainly in the form of CEO Elon Musk – is still rumbling on. In fact, it’s starting to get a bit silly. You know the background; Top Gear did a review of the Tesla Roadster and implied it had a range of just 55 miles (although they did say that was on the Top Gear track), said that the motor overheated and reduced power (which they ‘illustrated’ with the Tesla slowing on a darkened track) and said the brakes broke (when a fuse had gone).

Toyota recalls 35,000 cars

CA MAKER Toyota is recalling more than 35,000 UK cars after it discovered faults that could deactivate airbags, cause seats to move while driving or, in a rarer case that involves undue force, break steering columns. The three separate issues affect some RAV4, Hilux, Yaris and Urban Cruiser models, Toyota said. The Japanese company said there had been no reports of accidents, injuries or fatalities linked to the issues from anywhere in the world, but it was recalling the 35,124 UK-registered vehicles in line with the Driver and Vehicle Standards Agency (DVSA) code of practice.