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GM may extend Saab deadline, report says

General Motors is prepared to wait beyond the end of this week before deciding on the future of Saab as it reviews remaining bids, Bloomberg News reported. The news agency quoted Saab board member Paul Aakerlund as saying that if there is a bid that GM finds sufficiently interesting, then GM's Dec. 31 decision to wind down its Swedish unit "is not a date that's holy.” Aakerlund said GM told Saab last week that it would wind down Saab and simultaneously continue talks with bidders about a sale, said Aakerlund, who also heads the IF Metall union at Saab.

Porsche details plan for new headquarters, test track next to Atlanta airport

Porsche Cars North America will spend between $80 million and $100 million to build a new headquarters and test-track complex next to Atlanta's Hartsfield-Jackson airport, the automaker said on Thursday. The site in Hapevlle, Ga., is where the Ford Motor Co. assembly plant that built the Ford Taurus and the Mercury Sable used to stand.

Honda CR-Z – production ready at Detroit

Honda has revealed the production-ready CR-Z at the Detroit Motor Show Honda are very keen to catch up with Toyota in the hybrid car wars. The Honda Insight was their answer to the Prius (although better looking it was even more woeful to drive than the Prius) and Honda are now looking to move in to the ‘Sporty’ Hybrid market with the Honda CR-Z. Honda revealed the CR-Z back in October at the Tokyo Motor Show, and did the usual new model think of labeling it as a concept.