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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.

Mini names BMW's Warming to succeed Hildebrand as design chief

Mini has named Anders Warming to succeed Gert Hildebrand as head of design by the end of the month. Hildebrand will leave the BMW AG subsidiary on Dec. 31, ending a 10-year run that saw him create a new look and feel for the Mini brand following its relaunch under BMW, the company said in a statement without providing details on the designer's future plans.

So Cube ads aren't square, Nissan hires college kids

To bring college students into Nissan dealerships to look at the quirky new Cube, Nissan North America has asked for a little help--from college students. Nissan has retained marketing classes at 10 large U.S. universities to create ad campaigns that will run on their campuses this spring.