(m) Honda Cb250, Xr650, Hawk Motorcycle Cover on 2040-parts.com

Saab signs deal with second China partner

Saab has agreed to China's Zhejiang Youngman Lotus Automobile Co. taking an equity stake in the company as part of a distribution and manufacturing joint venture. Saab and its owner Spyker Cars NV signed a deal with Chinese car distributor Pang Da in May worth up to 110 million euros that involved setting up a joint venture with Spyker and a partner in China to start making Saabs in China within two years.

Australia's Holden to cease production after 2017, GM says

General Motors, in the latest blow to Australia's auto industry, will end vehicle and engine manufacturing and scale back engineering operations in the country by the end of 2017. The company's Holden unit, a mainstay in Australia for decades, cited the high cost of manufacturing in one of the world's smallest but most competitive markets and one that has also been upended by a steady rise in imports, mostly from southeast Asia. There has been widespread speculation of the move in recent days and earlier Tuesday, in Australia, GM officials said no decision had been made.

McLaren F1 creator Murray’s T25 ready to go

Gordon Murray's T25 - still under wraps Gordon Murray is the genius behind the legendary McLaren F1 supercar. So what he does needs to be taken seriously. That includes the Caparo T1, which is a super-light racer for the roads, but also includes the last thing you would think of – a super-small, lightweight and above all cheap car.