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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.

Who's Where: Micheal Castiglione joins Ken Okuyama Design

Micheal Castiglione, principal exterior designer on the 2006 Dodge Challenger concept car created at the Chrysler Group's now defunct Pacifica Studio on the west coast, has now joined Ken Okuyama Design. As Chief Designer, Castiglione will be tasked with designing products as well as cars once the company establishes itself in an as yet undisclosed location. "We're really busy with a number of projects that Ken's got going," Castiglione told CDN.

Audi A1 – Seven specials at Wörthersee Tour 2010

The Bayern Munich Audi A1 at the Worthersee Tour 2010 Audi has more models than you can shake a stick at. And if you factor in every variation there is on the hugely speccable new Audi A1 then they probably have more cars on offer than the rest of the VW group put together. But for Audi it’s not just about having a hugely speccable A1, it’s about world domination for the A1.