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Spyker said to be General Motors' only candidate to buy Saab

Spyker Cars NV is the only buyer under consideration for the Saab brand and is seeking to line up funding that will satisfy General Motors Co., a person with direct knowledge of the situation said. Financing has been a main obstacle to a deal, said the person, who declined to be identified because the information isn't public. The proposal from Spyker, a Dutch sports car maker, had included a Russian partner that GM rejected, and Spyker was seeking to arrange financing that didn't include that partner, the person said.

Koenigsegg Agera & Agera R 2012 updates

The Agera & Agera R get a raft of tweaks for 2012 Koenigsegg has revealed improvements to the Agera and Agera R for 2012, which will debut at Geneva next week. We’re not sure just how many Koenigsegg Agera R models have actually been built and delivered (or the standard Agera R, for that matter), but however many it is it’s not more than a handful. Still, standing still means going backwards – whether you’ve built a single car or a million – so Christian von Koenigsegg and his men in the snow in a shed in Sweden have been busy putting the Agera and Agera R at the cutting edge for 2012 models.

Renault and Caterham to co-build Alpine sports cars

Renault and Caterham are to join forces and build a new range of sports car models together from early 2013, under the classic Alpine badge, Renault-Nissan CEO Carlos Ghosn confirmed today. At a press conference in Paris, he announced a new Anglo-French partnership which will spawn a new breed of sports cars for both brands. 'This innovative partnership with Caterham embodies a longstanding ambition: the creation of a sports car with the Alpine DNA,' said Ghosn.