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Tesla uses data to refute New York Times report

Tesla Motors CEO Elon Musk says data don't lie. He's using information from a Model S loaned to New York Times writer John M. Broder to dispute a report the electric sedan didn't deliver enough driving range to take advantage of Tesla's Supercharger stations in the Northeast.

Saab on brink of closing after GM rejects rescue plan

Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.

Kia going rear drive

Kia told its dealers it will launch a new full-size rear-wheel-drive flagship sedan in the U.S., and it is expected to be in showrooms here early next year. Kia's first-ever U.S. RWD production sedan will be called the K900 and is the same vehicle sold as the K9 in South Korea and as the Quoris in other overseas markets.