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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.

Concept Car of the Week: Heuliez H4 (1972)

With the H4, Heuliez set out into unexplored territories by offering a concept tailored to the needs of taxi drivers. If today's minivans are an integral part of our daily lives, this Peugeot 204-based H4 should be placed back in its original context in the early ‘70s, when this monovolume architecture still belonged to science fiction. Its dimensions are comparable to a Renault Modus although it's shortened by 140mm.

Aston Martin Heritage Showroom will flog you a nice classic Aston

Now you can buy your Classic Aston Martin at Aston’s new Heritage Showroom (pictured) The world is full of Classic Car Dealers, but now, for the first time, you’ll be able to buy a classic Aston Martin from the people who made it in the first place. Aston Martin has gone back to its spiritual home to create a classic car showroom at Newport Pagnell, and has spent the last two years developing the old Olympia building to house their Classic Car offerings. The Olympia building, itself 100 years old and once an integral part of AML’s Newport Pagnell operations, has been fully refurbished and decorated in period style with not just lots of glorious classic Astons (and Lagondas) but displays of memorabilia from the factory heritage collection.