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Hackmobile Transit Connect wins Ford and MAKE magazine grand prize

Automakers have customization contests all the time, but that doesn’t always mean they’ll produce what the enthusiasts create. Splitting from tradition, Ford said it will build the Hackmobile Transit Connect Wagon that won its Ultimate Maker Vehicle Challenge. The Hackmobile was designed by Jon Atkinson, Becca Steffen, Riley Harrison and Michael Freiert, members of Twin Cities Maker.

Toyoya iQ Collection & iQ for Sports at Frankfurt

The 'Customised' Toyota iQ for Sports Toyota claim the iQ is the world’s smallest 4 seater production car – and the may well be right. It is certainly a tiny car – but very cleverly packaged – and is in many ways the perfect city car, if a tad on the expensive side. So cleverly packaged is the iQ that Aston Martin have used it for the Cygnet, and rumour has it that BMW will use it for the i-setta range.

Koenigsegg backs out of deal to buy Saab

Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.