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Chevrolet touts the 2012 Sonic's 40-mpg highway rating

With an EPA-rated 40 mpg on the highway, Chevrolet is calling its 2012 Sonic one of the most fuel-efficient small cars on the market. Chevy says that 40-mpg rating puts the Sonic right on par with the 2012 Ford Fiesta and the Hyundai Accent in terms of eco-friendliness. In city driving, the 1.4-liter turbocharged Ecotec engine gets 29 mpg.

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.

Next-gen Nissan Versa coming to U.S.

The next-generation Nissan Versa will be sold in the United States, the company announced on Monday morning. A sketch released shows a more sculpted and lined compact than the current car. Nissan sold 7,021 Versas in September in the United States, an increase of 47 percent over the same period in 2009.