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General Motors to shut down Saab
Fri, 18 Dec 2009General 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.
2013 Honda Crosstour gets styling, interior changes
Thu, 15 Nov 2012The 2013 Honda Crosstour gets a base price of $27,230, which is $525 lower than 2012 model. The sheetmetal is reworked for the new year, and some equipment has changed. The engine lineup is still four-cylinder and V6 units.
News watch May 2010: today's auto industry news
Thu, 28 May 2009By Tim Pollard and Ben Pulman Motor Industry 28 May 2009 15:00 Welcome to CAR's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourFriday 28 May 2010• Gordon Murray Design has announced specification and performance targetsfor the electric T.27 city car. The company is working with Zytek, and the projected emissions figures are 48g/km on the combined cycle, with the full lifecycle CO2 impact of the T.27 being 42% less than the average UK car.