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GM and Koenigsegg agree Saab sale
Tue, 16 Jun 2009By 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.
GM shelves Camaro convertible, Z28
Mon, 23 Mar 2009General Motors has delayed indefinitely the Chevrolet Camaro convertible and Z28 high-performance variant to save cash, sources say. GM also has tabled plans to add a four-cylinder engine version of the Camaro. GM is starting to ship the Camaro to dealers this week.
Holden shows Efijy concept at the Australian International Motor Show
Wed, 02 Nov 2005Holden's designers and engineers have delivered a knockout showcar at last month's Australian International Motor Show in Sydney. The Efijy (effigy - n. a stylistic representation of someone or something famous) is a stunning nod to the classic 50s FJ Holden with steroid-fed hot rod lines.