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Saab sold to Spyker

General Motors' Saab division won't end up on the postbankruptcy scrap heap with Pontiac and Saturn. Just as Saab's death appeared imminent, the Swedish automaker was scooped up on Tuesday by Dutch supercar-maker Spyker Cars in a $74 million deal that has been in works for months. The deal is expected to close on Feb.

Jaguar Concept Speedboat (2012) first official pictures

Premium estates are, we're told by the marketing people, for those with outdoorsy, active lifestyles. It's small wonder so few estates are truly utilitarian load-luggers: they're Tourers or Avants, or in this case, the new Jaguar XF Sportbrake. To tie in with the car's international launch, Jaguar gave it an active outdoor accessory of its very own: an Ian Callum-designed speedboat.

Maserati to build new Alfa Romeo car

Maserati, Fiat Group's luxury sports car brand, will build Alfa Romeo's new halo model, according to company sources. The car is a rear-wheel-drive coupe named the 4C. Fiat said April 12 that Maserati will build a new vehicle for Alfa in Modena, Italy, starting in May 2013, with a forecast annual production of up to 2,500 units.