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Volkswagen GTI Roadster bows at Woerthersee

As we expected, Volkswagen introduced the real version of the GTI Roadster “Vision Gran Turismo” at the Woerthersee festival in Austria on Thursday. The show car was originally created for the PS3 game's “Vision” series of cars. It debuted in-game on Monday.

GM to shut down Saab

General Motors will shut down Saab after the automaker wasn't able to conclude a deal to sell the brand to Spyker Cars, GM said on Friday. “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," GM Europe president Nick Reilly said in a statement. "In order to maintain operations, Saab needed a quick resolution.

Ford engine plant builds number 10 million

Ford's 90-degree, overhead-cam Modular V8 has covered a wide spectrum since it was introduced in 1991--powering luxury cars, SUVs, pickups and high-performance sports cars. A large number of those engines have come from a Ford plant in Romeo, Mich., which has now built its 10-millionth engine--a 4.6-liter V8 that is headed for a 2010 Mustang GT. The Romeo engine plant was converted from a tractor factory.