Narco Avionics Cs-3 Course Selector/vor/loc Indicator Vintage on 2040-parts.com

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.

2012 Fiesta ST confirmed

2012 Fiesta ST caught testing in the US (photo via WCF) We really like the current Ford Fiesta; it’s a cracking little car. It’s just a shame that the closest it comes to being a hot hatch is the little more than lukewarm Fiesta Zetec S. But that’s about to change, and not before time.

2012 Jeep Compass and Patriot to be recalled for fuel-tank problem

Chrysler is recalling nearly 1,700 all-wheel-drive-equipped 2012 Jeep Patriot and 2012 Jeep Compass SUVs for a possible defect in the fuel system. In certain affected vehicles, a valve designed to prevent fuel leakage in the event of a rollover can leak. This is due to damage sustained in testing at the facility where they were manufactured.