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GM may extend Saab deadline, report says

General Motors is prepared to wait beyond the end of this week before deciding on the future of Saab as it reviews remaining bids, Bloomberg News reported. The news agency quoted Saab board member Paul Aakerlund as saying that if there is a bid that GM finds sufficiently interesting, then GM's Dec. 31 decision to wind down its Swedish unit "is not a date that's holy.” Aakerlund said GM told Saab last week that it would wind down Saab and simultaneously continue talks with bidders about a sale, said Aakerlund, who also heads the IF Metall union at Saab.

Special-edition Jaguar XKR 175 confirmed for Pebble Beach reveal--and the U.S. market

A limited-edition, high-performance Jaguar called the XKR 175 will debut at Pebble Beach later this summer in celebration of the historic brand's 75th anniversary. The name of this speed demon actually indicates the number of units that will be made for the United States. Jaguar says 175 will reach U.S.

2010 Ford Escape SUV to enhance safety technology

When the 2010 Ford Escape hits showrooms this summer, it will offer an expanded list of safety technologies. Building upon the Escape's full five-star crash rating are Ford's new MyKey teen-safety system and an integrated spotter mirror. MyKey (standard on XLT and Limited models) allows owners to program the key to limit the Escape's top speed and audio volume.