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Smart to sell Nissan-built car in U.S. in 2011

The U.S. distributor of Smart cars says it has a tentative deal with Nissan to sell a small, five-door car built by the Japanese automaker under the Smart brand, beginning in late 2011. Smart USA Distributor LLC, which is owned by Roger Penske's Penske Automotive Group, said the car would be powered by a gasoline engine and fit the B-segment size class.

Saab seeks court protection from creditors

Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.

McLaren GT comes home to Woking in England

The picturesque town of Woking, Surrey, in the south of England is home to the McLaren Technology Center (MTC), the McLaren Automotive factory that builds the MP4-12C supercar and, soon, a dedicated facility for McLaren GT. McLaren GT is a branch within the McLaren Automotive Group, started in 2011, that supplies MP4-12C GT3s for competition. The space is a 60,000-square-foot facility that housed McLaren Racing from 1987 to 2004.