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Swedish sports-car maker Koenigsegg may buy Saab

General Motors has chosen Swedish luxury sports car maker Koenigsegg Automotive AB as the preferred bidder for the Saab brand, news reports said. Koenigsegg and Norwegian investors have signed a letter of intent to take over Saab, Swedish television said Thursday, attributing its report to unnamed sources. "The deal is there now and a few minor details remain," a source told Reuters.

FireBreather Camaro is on sale now from Classic Design Concepts

Chevrolet fans, start scratching off lottery tickets: A Detroit-area customizer has devised a creation based on the Camaro SS dubbed “FireBreather.” And, it has a bit of star power. The FireBreather is a movie prop made for an upcoming Michigan-produced film, Jinn. But Classic Design Concepts will craft 50 copies of this cruiser for sale to the public.

Car games galore at the Electronic Entertainment Expo

“Nearly every American plays video games,” said Mike Gallagher, president and CEO of the Entertainment Software Association. Lucky for you, the car enthusiast, nearly every video-game maker also makes a car-related video game. And just about all video-game makers gather once a year at the Electronic Entertainment Expo, or E3, held again in the very same Los Angeles Convention Center that houses the LA auto show.