Read the GM press release annoucing the sale of Saab to Spyker Cars

PRESS RELEASE: GM Reaches Agreement to Sell Saab to Spyker DETROIT -- General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB. "Today's announcement is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans worldwide, and great news for GM,” said John Smith, GM vice president for corporate planning and alliances. “General Motors, Spyker Cars, and the Swedish government worked very hard and creatively for a deal that would secure a sustainable future for this unique and iconic brand, and we're all happy for the positive outcome,” Smith said.

Transition flying car completes first public flight

Think of a flying car and - depending on your age - you may think of Chitty Chitty Bang Bang or the Ford Anglia from the Harry Potter novels. But whatever, it's the stuff of fantasy, surely? The kind of machine that featured in those 'glimpses of the future' movies of the 1950s.

Two cars dropped from Barrett-Jackson lineup at Scottsdale

The roster of cars at the Barrett-Jackson auction in Scottsdale, Ariz., next week has been cut by two. Barrett-Jackson has dropped a 1971 Plymouth Hemi 'Cuda recreation because the vehicle identification number on the car did not match the VIN on the title. A little legwork found that the car had been reported stolen in 1976.