1964 Alfa Romeo Giulia Ti Original Factory Sales Brochure Used Excellent Rare on 2040-parts.com

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.

One Lap of the Web: Janky Jettaminos, scary supercars and a two-wheeled tour of the Packard plant

-- Our friend Corbin is back! And he's got an even more terrifying car this time: the Jettamino, a Volkswagen Jetta diesel with the structural stability of a pool noodle and the hipster styling of an LCD Soundsystem reunion tour on wheels. (Fabric wheelarches have never been done before, for good reason.) Somehow, Corbin suckered his friend David into chopping off the roof.

RM auction in Monaco rakes in $45.1 million

Call it the Feast of Ferrari. Led by a stunning lineup of rare and classic automobiles wearing the Prancing Horse, sales at the RM auction in Monaco on May 1 totaled more than $45.1 million. The highest seller at the event was a 1962 Ferrari 400 Superamerica Cabriolet Pininfarina AWB, which sold for $3.8 million, a record for Superamericas, RM said.