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Saab on brink of closing after GM rejects rescue plan

Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.

Volvo von Koenigsegg – the Vox Volvo P1800

The Vox Volvo P1800 - a modern reworking of the original with a 550bhp V8 Vöcks latest creation – The Vox Volvo P1800 -is based on the iconic Volvo P1800, which those of a certain age will remember was driven by Roger Moore’s Saint back in the ’60s. In its day the P1800 was something of a revelation – a sporty, appealing Volvo (come to think of it, it’s still a bit of a revelation!). Vöcks has remained faithful to the original P1800, at least in style.

Buick to launch IntelliLink on 2012 models

Buick is launching a connectivity feature on its 2012 models as the brand looks to attract younger and tech-savvy customers--and to shed its sometime stodgy image. Called IntelliLink, the connectivity technology arrives as standard equipment on the 2012 Verano sedan, before being added to the Regal and the LaCrosse. The Enclave SUV gets it in 2013.