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Spyker slaps GM with $3 billion lawsuit

Spyker, the Dutch supercar firm and owner of Saab, hit General Motors with a $3 billion lawsuit Monday, claiming GM forced Saab into bankruptcy and interfered with a potential deal with Chinese investors that could have saved the company. Spyker is suing on behalf of Saab, assuming legal costs in exchange for a significant proportion of any potential award. Saab went into bankruptcy in December 2011.

MG name stands proud again at Longbridge

The company that runs the remnants of former UK automaker MG Rover has dropped a reference to its Chinese parent from its name. NAC MG UK has changed its name to MG Motor UK to emphasize the MG name, a company spokesman said. Nanjing Automobile Company or NAC bought MG Rover's assets in July 2005, three months after the UK's last domestically owned volume carmaker collapsed through financial difficulties.

Mitsubishi Lancer Evolution not dead, yet

Perhaps as a reward to the public for buying its Mirage,* Mitsubishi has disclosed that it will not, in fact, kill off the gravel road-loving Lancer Evolution as soon as we thought. According to Mitsubishi, the Lancer Evolution will -- at the very least -- live out the 2015 model year, with North American-spec cars going into production this July. We're fairly sure it's not going to be a hybrid, either.