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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.

Lincoln MKZ

Lincoln has released details and images of the production version of the Lincoln MKZ, first seen in concept form at this year's Detroit auto show. The production MKZ is largely unchanged aside from details such as door handles and larger side mirrors, while Lincoln has retained classic design elements such as the split-wing grille, albeit with a slimmer, sportier twist. Lincoln Design Director Max Wolff says, "The exterior's front graphic is repeated in the dramatic sweep of the new instrument panel, helping tie the interior to the exterior in a harmonious manner." The exterior of the MKZ is characterized by its sweeping roofline which features a 4633mm2 retractable panoramic roof.

Citroën designer teases production Cactus on French TV

Citroën has given us a first glimpse of its production C4 Cactus model on a French television show. Viewers of TF1's ‘Auto Moto' program saw its presenter briefly lift the cover from the car's side, which showed that the unique ‘Airbumps' - made from a spongy material that protects against everyday wear and tear - have been retained, while a B-pillar and standard door handles have been added. An interior digital render was also presented, showing a cabin that's largely unchanged from the concept, which was unveiled at this year's Frankfurt motor show.