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GM and Koenigsegg agree Saab sale

By Ben Pulman Motor Industry 16 June 2009 11:00 American car giant General Motors has signed a memorandum of understanding for the purchase of Saab by an investment group led by Swedish supercar manufacturer Koenigsegg. That's the deal. Supercar maker Koenigsegg Automotive, together with a consortium of private investors, has formed Koenigsegg Group, which has reached a ‘tentative agreement’ to buy Saab from GM.

College Exhibition: Creapole MA Degree Show 2009

Creapole, a design school offering degrees in a range of disciplines, held its MA Transportation Design show last week at its campus in Paris, France. The masters students, now in their fifth year of study, have been preparing for the show through the school's intensive program, which includes sociological, ecological and anthropological studies during the fourth year. In the fifth year, program directors Alec Moran and Cyril Randuineau allowed the students to develop a vehicle based on their own theme and invited jury members from the design community to come by and give the students feedback on their various projects.

Peugeot RCZ Hybrid looks certain

Peugeot seems certain to put the RCZ Hybrid in to production And that ‘Yeah, right’ has now turned in to a ‘Who are you kidding?’ after Peugeot released information today on the RCZ Hybrid4 that frankly wouldn’t warrant doing unless they were already set on a production model. Not more information than we had a couple of weeks ago, but why bother with a new press release on the Hybrid RCZ when you’d already covered it? Unless you want more coverage because you’re going to make it, that is.