Williams Transmission Modulator Wm-775-b on 2040-parts.com

GM agrees to sell Saab to supercar company Koenigsegg

General 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.

Carroll Shelby tribute draws 1,200 people

At approximately 6:55 p.m. Pacific Standard Time on Wednesday, May 30, around the world, the engines of several thousand Shelby Mustangs, Cobras, GT40s and even a few Series 1s cranked to life and roared their terrible roars in tribute to their fallen maker, Carroll Shelby. “I've got friends in South Africa who are firing theirs up right now,” said a Shelby Mustang owner, standing amidst a sea of the barking beasts parked on the roof of the Petersen Automotive Museum in Los Angeles.

Lamborghini Aventadors frolic around Rome +Video

Lamborghini Aventadors - frolicking in the Spring sunshine It was a long time coming, the Lamborghini Aventador LP700-4. But since it arrived Lamborghini has taken every opportunity it can to put it front and centre. And who can blame them?