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GM and Koenigsegg agree Saab sale

By Ben Pulman Motor Industry 16 June 2009 11:00 American car giant General Motors has signed a memorandum of understanding for the purchase of Saab by an investment group led by Swedish supercar manufacturer Koenigsegg. That's the deal. Supercar maker Koenigsegg Automotive, together with a consortium of private investors, has formed Koenigsegg Group, which has reached a ‘tentative agreement’ to buy Saab from GM.

CAR interviews Infiniti boss Andy Palmer (2011)

Andy Palmer is a busy man, and one with a job few in the industry would relish tackling – making Infiniti’s European dreams a sales success. We tracked him down for a quick chat after the Geneva show to talk Formula 1, European production and BMW… Is Infiniti happy to continue following its sector-busting route to generate new sales? 'Infiniti’s ethos is bravery.

Fiat 500L five-door spotted

Autoweek spotted this manufacturer-plated Fiat 500L earlier this week on the streets of suburban Detroit. With its round headlights and cheerful grille, the five-door hatchback's resemblance to its three-door cousin is apparent even under its coat of liberally applied camouflage. While the 500L and the smaller 500 models share similar styling cues, the subcompact hatch is not just a slightly stretched 500 with two extra doors.