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Sweden’s iconic Saab automotive brand is again facing an uncertain future with the news that Swedish supercar manufacturer Koenigsegg Group AB has terminated its agreement to buy the company from General Motors. The sale had been a key part of GM’s plan to recover from bankruptcy by unloading some of its brands.

“We’re obviously very disappointed with the decision to pull out of the Saab purchase,” GM CEO Fritz Henderson said today in a statement announcing Koenigsegg’s decision. “Given the sudden  …  Details

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Wednesday, over on Jalopnik, they ran an article about the Five Craziest Engines You Can Buy Today.  We liked it, and we liked it quite a lot, actually. Nevertheless, we can’t help but think there’s a slight flaw in their logic — besides the huge, glaring omission of the Volkswagen Group’s series of W-engines, of course. Many of these engines are very nice, it’s true; but they’re hardly what we of the Hooniverse would call “crazy”. Most of them are pretty tame, if you ask us. So while we think Jalopnik did a great job on their selection of engines you can buy today, the entire Hooniversal Brain Trust sat down last night and discussed this. Let’s have a look at what “crazy” really is …  Details

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Forza Motorsport 3 sees the Forza franchise return to the Xbox 360 for the second time, and the third time in four years on Microsoft platforms. The previous two titles helped it to quickly establish itself as the premiere racing simulator to be found on Microsoft’s platforms and with their latest installment, Turn 10 are hoping to further impress gamers. It’s no easy task, but with improved physics, even more detailed cars and more community options, the outlook is definitely promising.

To get players instantly in the mood there is a …  Details

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With Fiat now at the helm, Chrysler has officially disbanded its Envi electric vehicle program. Established in 2007 under Cerberus Capital Management, Chrysler’s Envi team was tasked with bringing viable electric and hybrid vehicles to market by 2010.

Chrysler’s Envi program had been propped by more than $70 million in government funding, but the advanced vehicle research department will now be absorbed by Chrysler’s normal vehicle operations. “Envi is  …  Details

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