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Elegant 1933 one-offs take top honors at the Concours d'Elegance of America

Two elegant cars from 1933 were named Best in Show at the 2012 Concours d'Elegance of America at St. John's on Sunday. Jim Patterson's 1933 Delage D8S was crowned best European car, while Joseph Cassini's 1933 Chrysler Imperial Phaeton with body by LeBaron took the top honors for American-made cars.

Lada launches new design competition

Lada and Russian social network community VKontakte have announced a competition calling for amateur designers to express their visions for future Lada models. Designs can be submitted as hand-drawn sketches or created using computer programs, and there's no limit on style, class or models. The only condition is the design has to have the brand's logo on the grille.

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.