Toyota Satalite Reciever 86180-0e011 on 2040-parts.com

Koenigsegg signs deal to buy all of Saab

By Tim Pollard Motor Industry 18 August 2009 10:17 Supercar maker and industrial group Koenigsegg today announced it had signed the deal to buy every one of GM's shares in Saab. The news clears the way for Saab's rebirth as an independent car maker freed from the shackles of General Motors and follows an earlier memorandum of understanding. Koenigsegg has signed the stock purchase agreement to buy 100% of Saab – but there are still numerous hurdles before the deal completes 'in the next few months.' Exactly.

Who’s Where: Andreas Deufel, Design Director, Great Wall Motors

Since the start of the year, Andreas Deufel has officially been Director of Design at Great Wall Motors (GWM) in China. In his role, he is responsible for GWM's three design studios, all in Bao Ding, yet he still maintains his position as Design Director at TJ Innova Auto and Design & Engineering (TJI), where he is also responsible for three studios. Deufel's appointment to the position as Design Director at GWM was anything but conventional.

Ford scores tumble, Toyota rebounds in Initial Quality survey

Buyer satisfaction with new cars and trucks from Ford Motor Co., a strength that has helped it increase sales and market share in recent years, has tumbled, and Toyota has rebounded from its abnormally poor year-ago showing, according to a study released Thursday. In a J.D. Power and Associates survey that tracks problems reported during the first 90 days of ownership, the Ford and Lincoln brands plunged below the industry average of 107 problems reported per 100 models studied.