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Kia GT concept (2011) at Frankfurt motor show

When CAR visited Kia’s Korean test facility in Namyang back in April 2011, there were several clues to suggest the company was looking into some kind of high-performance saloon: we saw an M3 and a Nissan GT-R in the car park, plus a senior engineer told us that he and the team often pondered what it would be like to build a – very specific this – V6 turbo, rear-wheel drive sports coupe. Board members, meanwhile, suggested we wait until the 2011 Frankfurt motor show to see what performance treats they had planned. Well, here’s the first glimpse of what all those clues could mean: the Kia GT.

2014 Porsche Panamera gets new hybrid

The Porsche Panamera has been restyled and the lineup gains a plug-in hybrid model, along with a new twin-turbo V6 for the Panamera S and 4S models that is more powerful than the former base V8. Also, Porsche is adding a stretched version of the Panamera with 5.9 inches added to the wheelbase for additional rear-seat legroom. The restyled Panamera goes on sale in the United States late this year as a 2014 model.

GM, Koenigsegg sign deal on Saab sale

General Motors Co. reached a deal Tuesday to sell its money-losing Swedish subsidiary Saab to Koenigsegg Group AB. The companies signed a stock purchase agreement that would give the tiny Swedish supercar maker 100 percent of Saab's shares, GM Europe said in a statement.