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Swedish sports-car maker Koenigsegg may buy Saab

General Motors has chosen Swedish luxury sports car maker Koenigsegg Automotive AB as the preferred bidder for the Saab brand, news reports said. Koenigsegg and Norwegian investors have signed a letter of intent to take over Saab, Swedish television said Thursday, attributing its report to unnamed sources. "The deal is there now and a few minor details remain," a source told Reuters.

Brabus tunes Mercedes-Benz CLA 45 AMG to 394 hp

It was only a matter of time before German tuning house Brabus looked at the Mercedes-Benz CLA 45 AMG and said: nahh, it's just not powerful enough. Recall that the base CLA 45 AMG already produces 355-hp and 332 lb-ft of torque courtesy of its modestly sized 2.0-liter turbocharged inline-four (an impressive feat by itself, yielding the highest output of any production four-cylinder engine), which gives it the ability to get to 60 mph in just 4.4 seconds. Given its $48,375 price tag for stateside 4Matic all-wheel drive version, many would call that a bargain for the performance stats provided.

Driverless cars: why you wont be buying one soon (2014)

By Damion Smy Motor Industry 24 March 2014 23:00 The driverless car is here – yet it’s not for sale. The technology has been showcased by almost every major car maker in recent times. In 2013 at the company’s AGM, Audi chief Rupert Stadler drove an A7 onto the stage via his iPhone, and BMW took journalists down autobahns in saloons that changed lanes by themselves, while Mercedes promises an autonomous S-class on sale in 2015.