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Mini Paceman breaks cover before Paris debut

The Mini Paceman will become the seventh vehicle in Mini's lineup when it debuts at the Paris auto show later this month. It rides on the same platform as the Mini Countryman, but has a roof that slopes to the rear like the Range Rover Evoque. As is the case with the rest of the Mini lineup, a standard model and an up-powered S version will be offered.

Saab ends deal with Chinese investors

Saab owner Swedish Automobile scrapped a $340 million investment deal with Chinese automotive companies Zhejiang Youngman Lotus and Pang Da after they proposed a buyout, straying from the original deal. Youngman and Pang Da signed a nonbinding agreement in July to take a combined 53.9 percent stake in Swedish Automobile. The Chinese companies say circumstances have changed since that time, so the deal should too.

Chrysler 300 gets luxury upgrades

The Chrysler Group rolled out its latest entry for the lucrative "black car" market on Tuesday, revealing new "Luxury Series" editions of its flagship Chrysler 300 sedan that add new interiors to recent powertrain additions. The new versions feature leather-wrapped interior components. The vehicles also have heated steering wheels with special die-cast paddle shifters and wood trim, according to a Chrysler statement.