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7 performance cars for less than $30,000 part two: Honda Civic Si vs. Volkswagen GTI

It's hard to fathom, but it's been more than a decade since the peak of the sport-compact craze saw modified Honda Civics cluttering the streets. Enthusiasts salivated over a Type R that wasn't (and still isn't) available on our shores, instead having to settle for the Si. Fast-forward to today and the debut of the ninth-generation Civic for the 2012 model year brings a new Si.

Chrysler's survival boils down to a deal with Fiat

For Chrysler LLC, survival has come down to a single option: successfully working out an alliance with Fiat S.p.A. The Obama administration has given Chrysler 30 days to forge a broad product-sharing agreement with the Italian automaker. Should the two companies fail to prove their plan will work, the U.S.

Saab bidding closed, buyer announced soon

We should know the buyer of Saab soon The Swedish press have been told that the bidding on Saab has now closed and that the successful buyer will be announced shortly. It’s amazing how much interest – and speculation - there is around the demised Saab; so much so we’ve probably reported as much on Saab after its demise as we did when it was in the throes of turmoil. Saab’s administrator, Hans Bergqvist, has revealed that the bidding process is now closed and that he will be talking to Saab stakeholders to discuss the bids and confirm which of the number of bidders is successful.