Gilles Tooling Crash Protection Kit Ip-su17-b on 2040-parts.com

GM agrees to sell Saab to supercar company Koenigsegg

General 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.

Toyota drags down new-vehicle quality average; Ford leads Detroit 3 gains

Dragged down by Toyota Motor Corp., the quality of new cars and trucks sold in the United States slipped slightly this year--the first time since 2007, according to a study released Thursday. But Detroit's automakers--helped by Ford Motor Co. and some of the smoothest new-model launches ever--have matched or surpassed Asian and European rivals in initial vehicle quality for the first time, based on the closely watched J.D.

New 2013 Nissan LEAF goes the ‘Battery Lease’ route UPDATED

Even though you will be paying the same rate as you did in the first year, you’ll have to make do with the old batteries unless they fall below the 9 bar level, when Nissan will replace them under warranty. There is no doubt that Nissan are still convinced the future is the electric car, and the LEAF – the world’s best-selling electric car – is the future of motoring. And the LEAF is a convincing car if all you want is a well-built family car to transport you round your local area, even if it will cost an arm and a leg to buy in comparison to an ICE car.