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Spyker warns that Saab's future is 'uncertain' without fresh funds

Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.

Skoda Rapid SpaceBack arrives ahead of a Frankfurt debut

The Skoda Rapid Spaceback (pictured) is a new Rapid Hatch You’d expect something called SpaceBack to be a more commodious version of a standard car. But in the case of the new Skoda Rapid Spaceback, it’s not. In fact, the SpaceBack is a more conventional hatchback version of the Rapid Saloon Skoda revealed last year which wasn’t actually a saloon at all but a ‘liftback’.

Autoweek in review: The new BMW M3 draws controversy, Spyker takes GM to court, and the 2013 Honda Accord takes a bow

The upcoming 2014 BMW M3 is ruffling feathers with enthusiasts. The new car will initially be available as only a sedan with an automatic transmission, which has led Bimmer fans to message boards and comment sections to express their disappointment. Can BMW win them over?