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GM sees no potential buyers for Saab

General Motors has found no interested buyers for Saab, sources familiar with efforts to sell the Swedish brand say. GM put Saab under "strategic review" as part of the long-term viability plan submitted to Congress last month. In a subsequent interview with Automotive News, GM Vice Chairman Bob Lutz said strategic review is "code for we realize they're not working and something needs to be done." GM has not announced a decision to sell the brand, but has quietly shopped it around, the source said.

Spyker in negotiations to sell its sports-car business to focus on Saab

Spyker Cars said Thursday it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov. Spyker, which bought Saab from General Motors Co. a year ago, said it has signed a memorandum of understanding to sell Spyker's assets to U.K.

SEAT Ibiza Cupster Concept Heading for Worthersee

The SEAT Ibiza Cupster Concept (pictured) is heading for Worthersee Some cars that head for the Worthersee Show look like they could be heading for production, but the SEAT Ibiza Cupster Concept isn’t really one of them. SEAT has built the Cupster Concept as a celebration of thirty years of the Ibiza range and it comes without a roof but with a steeply raked windscreen and wraparound glass, big buttresses where the back seats would usually be (there are no back seats) and a boot mounted spoiler. SEAT are promising more details before Worthersee, but it seems reasonable to assume that the Cupster has the regular Ibiza Cupra under its skin complete with the 178bhp 1.4 litre TSI engine.