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CONFIRMED! Buick Regal GS gets green light

The Buick that enthusiasts have been clamoring for--the Regal GS show car revealed at the Detroit auto show--will soon be reality. This turbocharged demon packing 255 hp and 295 lb-ft of torque with a six-speed manual transmission and a host of performance enhancements has been approved, spokeswoman Dayna Hart told AutoWeek on Monday. There is no time line for the launch, and other details are not available.

Iconic rally-winning Ford Escort Cosworth confirmed for Goodwood

A RARE and celebrated old Ford Escort Cosworth rally car is to make an appearance at the Goodwood Festival of Speed. The car, decked out in the iconic Michelin Pilot livery, will feature on Michelin's own stand at the show and will give people a once-in-a-blue-moon chance to get up close. Driven by Malcolm Wilson OBE, the Team Principal of the M-Sport World Rally Team, the iconic Michelin Pilot Escort RS Cosworth dominated the 1994 British Rally Championship.

Swedish sports-car maker Koenigsegg may buy Saab

General Motors has chosen Swedish luxury sports car maker Koenigsegg Automotive AB as the preferred bidder for the Saab brand, news reports said. Koenigsegg and Norwegian investors have signed a letter of intent to take over Saab, Swedish television said Thursday, attributing its report to unnamed sources. "The deal is there now and a few minor details remain," a source told Reuters.