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.

Jetstream SC250 (2008): first pictures

By Ben Whitworth First Official Pictures 26 August 2008 09:32 This is the new Jetstream SC250, a Cornwall-based newcomer to Britain’s low-volume sportscar industry – and arguably the most eye-wateringly ugly car we’ve seen in a very long time. The lightweight two-seater is powered by Vauxhall’s turbo 2.0-litre unit – lifted from the Astra VXR – and it’s priced at £29,495. Err, yes – we also feel the SC250’s looks might be a bit of a stumbling block to someone about to flash the best part of £30k on a track-based racer.

2014 Acura ILX priced at $27,795

The 2014 Acura ILX sedan will cost $27,795 when it goes on sale on Tuesday, including an $895 destination charge. The premium package adds $3,200 while the technology package adds $4,700. A six-speed manual can also be specified.