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Spyker makes a new offer for Saab; General Motors will evaluate

Spyker Cars said Sunday it had submitted a new offer for the Saab brand. Spyker CEO Victor Muller said an 11-point proposal had been handed to General Motors addressing each of the issues that arose during due diligence after the Dutch company originally bid for Saab. Muller said the new offer would remove the obstacles that were standing in the way of a swift sale of Saab to Spyker.

Is this supercharged V8 destined for the Corvette ZR1?

This is a big week for spy shots, and apparently a friend of a friend of a “friend” snapped this little ditty of what could be the motor of the next Z06, or ZR1. Corvette Online nabbed the shot of a supercharged LT1-looking V8 mill; they cite the injector cover shape and the throttle body. The site also noted the twin-rotor supercharger with an LSA/LS9-style pulley on the front.

Toyota issues global recall to fix brake problems in hybrids

Toyota Motor Corp. launched a global recall Tuesday of 437,000 hybrid vehicles, including its popular Prius hybrid, as the world's No. 1 carmaker sank deeper into a quality crisis that has battered its image, hurt sales and triggered an onslaught of lawsuits.