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Lexus IS F ends production to make way for the new Lexus RC F

The Lexus IS F is no more The Lexus IS F was the car Lexus hoped would take the fight to cars like the BMW M3. But in the 7 years the IS F has been on sale it’s only managed to shift around 11,000 units, partly because it just didn’t have the dynamics or power of the M3, but also because few yet consider Lexus a ‘Performance’ brand. So the Lexus IS F has now ended production after a less than stellar sales showing, and Lexus are instead pinning their hopes for a credible M3 beater in the new RC F.

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.

Bugatti Galibier could get 1400hp

The Bugatti Galibier – Bugatti’s four door saloon – is still on the way and could get as much as 1400hp. It’s three years since the Bugatti Galibier first arrived on the scene, since when we’ve had rumour and counter rumour about when, or indeed if, Bugatti’s four-door supercar saloon would go in to production. But the production of the Galibier has never really been in doubt, although it was never likely to happen until the Veyron was on its last knockings.