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Kia, Chrysler, VW set pace as December sales advance 9 percent

Kia, Chrysler and Volkswagen posted some of the strongest sales gains for December as the industry closed out 2011 on a high note. Automotive News estimates December volume was up 9 percent to 1.24 million from a year earlier--in line with analysts' forecasts. Total industry sales were projected at 12.78 million for the year, up from 2010's total of 11.6 million and the 27-year low of 10.4 million in 2009.

Chevrolet Camaro pace car revealed for 2010 Indianapolis 500

The next Chevrolet Camaro to pace the Indianapolis 500 will pay homage to one of the first. An inferno orange metallic Camaro SS wearing white diamond rally stripes that stretch the length of the car will lead the 2010 Indianapolis 500. The stripes channel the design from the Camaro that paced the 1969 race.

Saab is Dead – Spyker pulls out

The Grim Reaper arrives for Saab Saab has been in intensive care for what seems like forever. Last profitable around the time the dinosaurs died out it has been kept alive in recent years with funds from US car giant GM. But GM’s problems lead to the forced sale of Saab, and for a while it looked like Dr Koenigsegg had a cure for the ailing Swede.