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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.

2012 Porsche 911 on video

2012 Porsche 911 - Hot weather testing in South Africa The arrival of the 2012 Porsche 911 is getting closer with a debut expected at the Frankfurt Motor Show in just a couple of months. Which explains why Porsche are now ready to play tease with the 2012 911. The first shot by Porsche in the PR salvo for the next generation 911 comes in the form of video of the new 911 hot weather testing in South Africa, complete with smiling, excited children and dramatic landscapes.

Cars & Coffee: Two ingredients to start off your SoCal weekend just right

Cars & Coffee is not yet on the FDA's list of the four basic food groups--but it really should be. It started out as a word-of-mouth gathering of eclectic and cool cars at a spot called Crystal Cove just south of Newport Beach, Calif., but it quickly outgrew that home. “Some of the guys got together, just a spontaneous gathering of, ‘Well, let's bring our cool cars,' ” said Pebble Beach judge, Ferrari collector and well-loved Ford PR guy John Clinard, one of, if not the main driver behind the event.