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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.

Nissan 370Z Roadster Goodwood Revival debut

The Nissan 370Z Roadster gets its first public airing in the UK at the Goodwood Revival. The new 370Z Roadster gets the same 3.7 litre V6 as its Coupe sibling, with either a short ratio six-speed manual ‘box or a seven-speed auto. The 370Z also comes equipped with Nissan’s ‘SynchroRev Match’ which matches revs to cogs to give you a seamless change.

BMW 1-series hatchback (2011) first official pictures

BMW has peeled the last pieces of camouflage sheeting from their F20 1-series and announced details of the upcoming entry-level car. BMW 1-series: the evolutionary new look As revealed in CAR's spy images last month, the 1-series is a clear evolution of its predecessor, featuring smoother lines but a more aggressively-angled front-end. The new headlight design dominates the nose, providing the 1-series with a pronounced squint compared with its predecessor.  F20 has grown in most dimensions over the first 1-series: it is 85mm longer overall, and sits on a 30mm longer.