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GM and Koenigsegg agree Saab sale

By Ben Pulman Motor Industry 16 June 2009 11:00 American car giant General Motors has signed a memorandum of understanding for the purchase of Saab by an investment group led by Swedish supercar manufacturer Koenigsegg. That's the deal. Supercar maker Koenigsegg Automotive, together with a consortium of private investors, has formed Koenigsegg Group, which has reached a ‘tentative agreement’ to buy Saab from GM.

Volvo S60 Concept shows its face

[ad#ad-1] A few weeks ago, we brought you some teaser images of the upcoming Volvo S60, and we speculated that it would look just like every other Volvo when it arrived. Well, it’s only the concept, but it looks like I might have to eat my shoes – it looks very good, and very un-Volvo like. When the pictures came in, at first glance I thought it was more images of the Jaguar XF Coupe we saw a couple of weeks ago, but in an odd colour.

Is the new Jaguar sports car going to be the Jaguar C-XE?

Is the new Jaguar Sports car going to be called the Jaguar C-XE? Jaguar are keen to associate their new sports car – the Jaguar C-X16 Concept – with the legendary E-Type, so it seemed logical they would call it XE. But it looks like it may actually be the Jaguar C-XE.