Vintage Gas Cap & Amperes Meter 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.

One:1 halo car coming from Koenigsegg

Christian von Koenigsegg talked to Bloomberg Businessweek over the weekend, telling the publication about his youth, the supercar business and how most Koenigsegg designs start in his head. It's all worth a read. But at the end of the four-page article, the head of the brand hints at a new car, built as a “money-is-no-object venture” for a dealer in China.

Honda expands airbag recall again, covering 379,000 more autos

American Honda Motor Co. has again expanded a recall to replace driver's-side airbag inflators in an additional 378,758 U.S. vehicles from the 2001 and 2002 model years.