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Last of the Saab 9-3 convertibles land in the UK

Saab Parts UK has secured the sale of the last 26 right-hand drive Saab 9-3 convertibles for customers in the UK. The final batch of convertible Swedish metal will be sold through 87 Saab authorised repairers in lieu of a dealer network. Saab 9-3 Convertible: the last of the line The final Saabs may be of sentimental value to fans of the marque, although the seven Independence Edition cars being offered for sale come in a rather challenging shade of burnt metallic orange.

Audi R8 spyder appears headed for Frankfurt show

The much-anticipated Audi R8 spyder likely will make its world debut in production guise at the Frankfurt motor show in September. The drop-top version of the head-turning German supercar would share mechanicals with the coupe, which offers a V8 making 420 hp and a V10 with 525 hp. The R8 has a mid-engine layout and channels power to the ground with all-wheel drive.

Cash-for-clunkers deal to end Monday night, government says

The Obama administration plans to cut off dealer funding for the cash-for-clunkers program on Monday at 8 p.m. Eastern, after finding that the $3 billion fund is nearing depletion, Transportation Secretary Ray LaHood said. "The overriding objective was to be conservative and to provide an adequate window for a soft landing," a senior administration official said in a conference call with reporters Thursday.