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General Motors reportedly close to selling Hummer for $150 million

General Motors Co., working to cut its U.S. brand count in half as part of its restructuring, is trying to complete a deal to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery Co. for about $150 million, Bloomberg News reported Thursday.

Mercedes SLS AMG Black Series planned?

It looks like Mercedes could be planning a 700bhp Black Series version of the SLS AMG Gullwing Currently, the top of the AMG Black Series tree is the SL65 Black. An awesome machine, but a bit of a lost soul. It loses the one thing that makes the SL special – the trick roof – and replaces it with a wave of power that isn’t actually that easy to put down on the road.

Jaguar teases arrival of new XJ sedan

With the launch date of the redesigned XJ sedan drawing closer, Jaguar is starting to prime the pump by releasing an overhead view of the new car. The teaser shot gives us a look at the car's glass panoramic roof. The new XJ, which we expect to get a clear look at late this summer, uses a reengineered version of the current XJ's aluminum chassis.