Delta Dc-9 Overhead Control Panel on 2040-parts.com

General Motors to shut down Saab

General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.

Is this the first 2014 Corvette Stingray crash?

The photo quality isn't great, but what you see before you may be the first multicar accident involving a new 2014 Corvette Stingray, and what appears to be a second-gen Lincoln Town Car. Chevy also had a single-car Corvette incident in Arizona back in February. Shot in Madison Heights, Mich., the new Stingray pictured is part of Chevrolet's captive test fleet judging by the manufacturer license plate.

Lotus chief exec Dany Bahar suspended: what's next?

Group Lotus chief Dany Bahar has been suspended while complaints about his conduct are carried out by parent company DRB Hicom. Weekend newspapers reported that the dispute was over expenses for building work carried out on one of Bahar's homes. Bahar was suspended on Friday and the new owners stressed that Lotus Cars continued to run in his absence.