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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.

Volkswagen Beetle Dune Concept heading for Detroit

Volkswagen Beetle Dune Concept (pictured) heading for Detroit The original VW Beetle was a perfect candidate for a Dune Buggy, and many old VWs were converted to blast across sand dunes around the world. VW had a bash at their own Dune Buggy back in 2000, but now, ahead of a reveal at the Detroit Auto Show next week, we have what looks like a buggy from VW that could actually be heading for production – the Volkswagen Beetle Dune Concept. VW has revealed a single image of their Beetle Dune Concept (above) that shows a jacked-up Beetle with big wheels and tyres, a ski rack on the back and a bit of cosmetic titivation.

2013 Lexus LX 570 sticker price set

Lexus said on Thursday that the 2013 LX 570 SUV will carry a sticker price of $81,805, including shipping charges. The LX 570 gets a light restyling front and rear for the 2013 model year. The changes include the addition of LED daytime running lights and LED taillights.