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Video: Classic Car TV looks at Pebble Beach and the Triumph Spitfire

If you haven't yet seen an episode of Classic Car TV, this new production from the car nuts at Hagerty Insurance provides a weekly rundown of news, events and fun stuff in the world of old rides. The show is still in its infancy, but as this second episode proves, it's starting to find a rhythm. Here, Matt Richmond and the gang take a closer look at some of the auction results and concours cars from Pebble Beach.

Porsche plans four-door Panamera convertible

A series of European and U.S. patent applications obtained by AutoWeek show that Porsche remains committed to building a four-door convertible version of its flagship Panamera, despite recent comments from Zuffenhausen insiders indicating the car had been canceled. The new car, depicted in official drawings that accompany the latest Porsche patent applications filed in February, eschews the two-door route taken by all of its upmarket rivals for a four-door body.

Koenigsegg backs out of deal to buy Saab

Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.