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Kia launches Cadenza as replacement for Amanti sedan, hits North America in 2011

Kia is replacing its Amanti large sedan with a new model called the Cadenza, which was unveiled today in South Korea. It goes on sale there this year and in North America in 2011. The five-seat Cadenza is shorter than the Amanti but has a longer wheelbase delivering more interior space, Kia said in a release.

Saab: ‘Game Over’ says Administrator Guy Lofalk

Saab Administrator Guy Lofalk says the game is over at Saab Court Administrator for Saab – Guy Lofalk – says they have reached the end of the road with Saab with no money and no prospect of GM agreement. The death knell for Saab has been proclaimed more times in the last year than a ‘journey’ from an X Factor contestant. But, according to the Swedish Court appointed administrator for Saab - Guy Lofalk  - the game is over.

McLaren MP4-12C to start at about $230,000

The McLaren MP4-12C sports car will have a sticker price of between $230,000 and $250,000 when it goes on sale in the United States about a year from now. McLaren said on Wednesday that the sports car will be priced at 168,500 pounds (about $265,800) in the United Kingdom and at 200,000 euros (about $267,200) in Europe when it goes on sale in that region in early 2011. A final price for the U.S.