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General Motors to shut down Saab

General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.

June sales get a pick-me-up from pickups

If there's a bright spot in June's tepid light-vehicle sales, it came from an unlikely segment. After slumping for several years as the economy tanked and gas prices spiked, pickup demand is rising faster than the overall sales gains of most automakers--serving as a pillar once again during the industry's fledgling recovery. And most of the buyers returning to showrooms are pickup enthusiasts, automakers say.

Range Rover Evoque 5 Door: The Video

The Range Rover Evoque 5 Door Video Although it’s good to see Land Rover being proactive with releasing information in response to web activity (the single image of the 5 door Evoque they released after it got papped at Paris, for example) we wonder if they’re in danger of having no dry powder left for the offical reveal of the 5 door Evoque at the LA Motor Show next month. Yesterday we had a decent gallery of photos of the 5 door Evoque and a press release to go with it. True, the press release didn’t tell us a lot more than we already knew, but it did give us information about the extra room in the 5 door and the MagneRide suspension.