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Saab seeks partner for new small car, aims to be a contract manufacturer

Saab is continuing its search for a partner to help it build a new entry-level car and the company also wants to build vehicles for other automakers at its factory in Sweden, Chairman Victor Muller said. "We are talking with other manufacturers to buy a platform or drivetrain technology for this entry-level car," Muller told Automotive News Europe. "It should come as soon as possible, in 2014 the earliest." Muller said the car would be priced at about 20,000 euros, or about $28,300 at current exchange rates.

Toyota shelves A-BAT pickup concept

Toyota won't build the small, ultramodern A-BAT hybrid pickup concept that was a head-turner at the 2008 Detroit auto show and looked like a good bet for production. "We have a lot of top priorities, and A-BAT is not one of them right now," Bob Carter, Toyota Division's general manager, told the Web site PickupTrucks.com. "It's on the shelf." A Toyota official confirmed Carter's comments.

World’s biggest classic car auction sells Simon Cowell’s Bugatti!

Ever heard of the Barrett-Jackson Scottsdale auction? No, we hadn’t either, but it’s been dubbed the ‘world's greatest collector car auction’, with the last sale resulting in 1,400 vehicles sold for a total sum exceeding a cool $113 million. The Scottsdale auction is a mecca for classic car nuts and celebrity spotters alike, with six days of live, high-definition auction action played on Fox TV.