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Tesla Model S EV the best-selling car in Norway

Tesla Model S EV (pictured) is the best-selling car in Norway We’ve already seen that the Tesla Model S electric car is out-performing many luxury cars in the US, and with reviews of the Tesla S finding very little not to like it seems strong Tesla S sales are a trend that will continue. But it’s one thing taking on low-selling, high-end cars, and quite another becoming the best-selling car bar none in a given market, but that’s exactly what Tesla has achieved in Norway in the first few weeks of September. Admittedly, Norway’s car market isn’t huge, but the Tesla Model S managed to move in to buyers hands in Norway in the first two weeks of September at a quicker rate than even the regular VW Golf, selling 322 compared to the Golf’s 256.

Jaguar XFR Review: The Competition

Jaguar XFR Review: Stiff competition from the M5, RS6 and E63 The BMW M5 is, without any shadow of a doubt, a stunning car. The build quality and performance are superb. And in truth, it probably just has the edge on the Jaguar XFR in terms of outright performance.

U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.