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Read the Spyker Cars press release announcing the purchase of Saab from GM

PRESS RELEASE: GENERAL MOTORS AND SPYKER CARS REACH AGREEMENT ON SAAB -- GM and Spyker Cars announce a binding agreement over the transfer of ownership of Saab -- Terms are agreed and the deal is expected to close in February -- Saab's future as an independent company is secured -- Saab will exit the orderly wind-down process -- Spyker shareholders will restructure at closure of the deal -- Swedish Government issues guarantee in favour of EIB ZEEWOLDE, The Netherlands (26 January, 2010) -- General Motors Company and Spyker Cars N.V, today confirmed the details of a binding agreement over the transfer of ownership of Saab Automobile AB of Trollh

Transition flying car completes first public flight

Think of a flying car and - depending on your age - you may think of Chitty Chitty Bang Bang or the Ford Anglia from the Harry Potter novels. But whatever, it's the stuff of fantasy, surely? The kind of machine that featured in those 'glimpses of the future' movies of the 1950s.

Chuck Jordan memorial: A car life well-lived

Family and friends gathered at the GM Heritage Center in Warren, Mich., to celebrate the life of the late Chuck Jordan, who retired as General Motors vice president of design in 1992 and died on Dec. 9, 2010. While many of the 200 or so present remembered working with Jordan during his career that began at GM in 1949, the ceremony also made clear that he'd lived a rich and active life in retirement.