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GM completes sale of Saab to Spyker

General Motors today completed the sale of its Swedish Saab brand to Dutch luxury sports car maker Spyker Cars NV, marking the first successful sale of one of its four unwanted U.S. brands. The transaction combines Saab Automobile and its 3,400 employees with Spyker Cars and its 110-plus workers.

Ford boss Alan Mulally on how he saved Ford

Ford president and CEO Alan Mulally today told British business leaders how he saved Ford from the worst recession for a generation. He also outlined how the Ford range will shrink from 97 models sold globally to just 20. Mulally gave the keynote speech to the Confederation of British Industry in London, where business bigwigs heard how Ford became the only Detroit car maker not to collapse into bankruptcy.

Driven: Nissan Juke

Nowhere is the fragmentation of established market segments more evident than when thumbing through Nissan's current brochures. The new Nissan Juke, the smallest and most extreme member of Nissan's crossover range, is pitched as an 'urban proof' alternative to more conventional superminis. We took it to the streets to see how Nissan's scattershot small car strategy – which sees a range of four models occupying a similar space physically and fiscally – plays out.