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General Motors buys Suzuki's stake in Canadian assembly plant

General Motors and Suzuki Motor Corp. are ending their CAMI joint assembly operation in Canada, with Suzuki selling its 50 percent stake to GM in a move that severs another tie between the partners. Neither company disclosed the timing or pricing of the sale, which was announced Friday.

Upcoming Mercedes-Benz MLC-class spied testing

Just a few weeks after the debut of the Mercedes-Benz MLC in concept form, prototypes have been spotted testing in Colorado earlier this month. The MLC is meant to offer packaging similar to the BMW X6, combining the SUV shape of the ML with a more coupe-like exterior design. The MLC will make its public debut at the Moscow International Motor Show in August of this year, a location that is perhaps indicative of the target audience for this upcoming crossover.

Saab China: Deal to sell Saab to Youngman & Pang Da is already in trouble

Will GM stop the sale of Saab to China? Selling Saab to China was always going to be fraught with difficulties. The initial deal Victor Muller seemed to have brokered with Youngman and Pang Da was to sell a majority stake in Saab for €245 million but leave Victor Muller in charge.