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General Motors reportedly close to selling Hummer for $150 million

General Motors Co., working to cut its U.S. brand count in half as part of its restructuring, is trying to complete a deal to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery Co. for about $150 million, Bloomberg News reported Thursday.

McLaren MP4-12C SGP Edition

A trio of special edition McLaren MP4-12C have been commissioned from McLaren Special Operations by Singapore car dealer Wearnes Automotive. We’ve had quite a flurry of activity from McLaren lately , what with the UK debut of the 12C Spider, the McLaren X-1 based on the 12C by McLaren Special Operations (MSO) and the big one – the new McLaren P1. The McLaren P1 is the headline act for a golden halo for McLaren, but the MP4-12C and McLaren Special Operations are the main source of income for now – or at least until the ‘Baby’ McLaren to take on cars like the Audi R8 and Porsche 911 arrives in a couple of years time.

Audi Q3: Production starts in Spain

Audi Q3 - production has started in Spain The Audi Q3 is the latest niche-filler from Audi, another soft-roader to mop up the seemingly endless queue of buyers wanting something high-riding and rufty-tufty. And if that high-riding something that’s a little rufty-tufty just happens to have a decent badge attached and comes complete with plenty of grown-up toys, so much the better. Which is why Audi has high expectations of its new Q3, with the SEAT plant in Martorell, Spain gearing up to churn out as many as 100,000 Q3s a year.