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Lexus readies hybrid LS with V12 grunt, V6 economy
Sun, 03 Jun 2007By Phil McNamara Motor Industry 03 June 2007 02:34 Lexus claims its new LS600h hybrid will return 29.7mpg – despite having 444bhp on tap. The company has announced new details of its flagship hybrid, which gets a European premiere at September's Paris motor show. Lexus claims that the petrol/electric hybrid drivetrain offers the performance of a V12, but with V6 fuel economy and emissions.
GM agrees to sell Saab to supercar company Koenigsegg
Tue, 16 Jun 2009General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive. The deal would close by the end of the third quarter and put Saab in the hands of an upstart, boutique car company known for producing eye-catching cars with gaudy horsepower ratings and even gaudier price tags. The agreement includes $600 million in financing from the European Investment Bank.
Pontiac G8 may get a second life as the Chevrolet Caprice, Lutz says
Mon, 13 Jul 2009The Pontiac G8 may get a new life as the Chevrolet Caprice. General Motors is studying the feasibility of reusing the rear-wheel-drive performance sedan for law enforcement and the general public, vice chairman Bob Lutz said in an online chat Monday. “The G8 has finally been discovered by a broader percentage of the buying public,” Lutz said on GM's FastLane blog.