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Saab files for bankruptcy: the end of the Swedish saga

Saab has reached the end of the road - for the second time in two years, just before Christmas. Parent company Swedish Automobile today announced that Saab had filed for bankruptcy. Owner and acting CEO Victor Muller had been trying to sell Saab as a going concern and had come close to signing a deal with Chinese car makers Pang Da and Youngman, but the deal was blocked by former owner General Motors which feared its technology - powering the new 9-5, plenty of the 9-3 range and the 9-4X - would fall into opposition hands in China.

Check out the 1,360-hp heart of the Koenigsegg One:1

The wild Koenigsegg One:1 showed up on our radars late last year before it appeared at the Geneva motor show in March. The latest piece of machinery from company founder--and Michael-Chiklis lookalike--Christian von Koenigsegg delivers one horsepower per kilogram, hence the name. That means 1,360 hp and 737 lb-ft of torque with a 3,000-pound curb weight.

Aston Martin Coupé Zagato Centennial and Spyder Zagato Centennial

American car collector Peter Read has commissioned a pair of Zagato-bodied Aston Martins that coincide with the British marque's centenary. The DBS Coupé Zagato Centennial and DB9 Spyder Zagato Centennial are the hard- and soft-top siblings are the latest in a long line of collaborations between the two companies. But while many have been – an admittedly more exuberant – expression of contemporary Aston design language, the Centennials have a stronger individual identity with an almost sedan-like aesthetic with forward-leaning noses and long Kamm tails.