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Spyker said to be General Motors' only candidate to buy Saab

Spyker Cars NV is the only buyer under consideration for the Saab brand and is seeking to line up funding that will satisfy General Motors Co., a person with direct knowledge of the situation said. Financing has been a main obstacle to a deal, said the person, who declined to be identified because the information isn't public. The proposal from Spyker, a Dutch sports car maker, had included a Russian partner that GM rejected, and Spyker was seeking to arrange financing that didn't include that partner, the person said.

2013 Mazda3 MPS & revised Mazda 3 range prices

Mazda has revealed the 2013 Mazda3 MPS hot hatch and announced it is adding the Tamura and Venture to the standard range. The 2013 Mazda3 MPS gets some small titivations (although you do need to look quite hard – there’s even fewer changes than the regular 2012 Mazda3) with some new tail light graphics, a new gunmetal finish for the 18″ alloys and a black Mica finish for the trim at the bottom of the back bumper, door mirrors and inner roof spoiler. Fortunately, Mazda has kept the peppy 2.3 litre turbo petrol that offers 256bhp and can scuttle the little Mazda to 62mph in 6.1 seconds.

New Audi S1: 231hp, sub-£25k price

Pictures and full details of the Audi S1 have been released ahead of the car’s public debut at the Geneva Motor Show next month. If the bright yellow colour of the car pictured doesn’t grab you, the stats probably will – this pocket rocket has four-wheel drive, a 0-62mph time of just 5.8 seconds and prices starting from less than £25,000 (just). Audi Audi S1: what's new?