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Peugeot Exalt Concept Sports Saloon revealed early

The Peugeot Exalt Concept (pictured) arrives ahead of Beijing Peugeot were busy teasing the arrival of a new sports saloon concept for the 2014 Beijing Motor Show back in January, said to evoke the styling and materials of the impressive Peugeot Onyx Concept. Now, a couple of weeks ahead of the Beijing Show, we get the first photo of that concept – the Peugeot Exalt Concept – which seems to have been sent out a few days earlier than Peugeot intended in an overnight press release dated 10th April. Oh, well.

2007 China Automotive Design Conference

The 2007 China Automotive Design & Independent Innovation Conference marked the first gathering of independent Chinese (vs. joint venture) automakers getting together to discuss automotive styling. Taking place at the end of August, more than 140 design professionals from First Auto Works (FAW), Dongfeng Motor, Chery, Brilliance, Chana, Guangzhou Auto, Nanjing Automotive Corp.

GM agrees to sell Saab to supercar company Koenigsegg

General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive. The deal would close by the end of the third quarter and put Saab in the hands of an upstart, boutique car company known for producing eye-catching cars with gaudy horsepower ratings and even gaudier price tags. The agreement includes $600 million in financing from the European Investment Bank.