Corvette-powered Karmas coming in 2014

VL Automotive, a Detroit venture backed by former General Motors' vice chairman Bob Lutz, is moving ahead with plans to convert Fisker Karma from hybrid power to Corvette power. Lutz told Automotive News on Thursday that the company has bought 25 unsold Karmas and has settled a dispute with an Asian investor that prevented VL from accessing the codes that operate the Karma's infotainment system. "Without getting those codes, it was close to impossible to get a working car," Lutz said.

Saab 1947-2009: GM 'will close Saab'

By Tim Pollard Motor Industry 18 December 2009 20:33 It's a sad day for Saabphiles, as GM announced – one week to the day before Christmas – that it has failed to find a buyer for Saab. It will begin winding down the Saab operation immediately. There had been a glimmer hope for Saab earlier this month, as supercar maker Spyker stepped in as a possible suitor after similarly small sports car specialist Koenigsegg walked away from a potential deal in November 2009.But GM admitted it could not viably sell Saab to Spyker – and no other bidders were forthcoming.

Scion future products: City car, sports coupe part of new direction

A new wave of Scion products could redefine a brand that has consisted of boxy hatchbacks and a lone sporty coupe. The launch of the iQ minicar reflects what executives call "the new urbanism" of young buyers. And the arrival of the FR-S rear-drive performance coupe will raise Scion's pricing, giving tC owners an aspirational vehicle.