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Saab is Dead – Spyker pulls out

The Grim Reaper arrives for Saab Saab has been in intensive care for what seems like forever. Last profitable around the time the dinosaurs died out it has been kept alive in recent years with funds from US car giant GM. But GM’s problems lead to the forced sale of Saab, and for a while it looked like Dr Koenigsegg had a cure for the ailing Swede.

Chrysler, VW, Kia and Toyota set March sales pace

U.S. light-vehicle sales--aided by Chrysler Group, Volkswagen Group, Hyundai-Kia and Toyota Motor Corp.--rose 13 percent in March to 1.4 million units, with demand for smaller, fuel-efficient models, redesigned vehicles and pickups driving the gains. Even with gasoline prices exceeding $4 a gallon in many parts of the country, the seasonally adjusted sales rate for March hit 14.4 million units.

GM's historic Willow Run plant closes

After 68 years of arming the nation and putting America on wheels, the Willow Run manufacturing plant in southeast Michigan closed on Thursday. The 5-million-square-foot powertrain plant, owned by Motors Liquidation Corp., the remnants of the former General Motors Corp., has fallen victim to GM's 2009 bankruptcy and subsequent restructuring. About 300 workers left at the plant will either “retire, transfer to another campus or go on layoff,” said Chris Lee, a spokesman for the reorganized General Motors Co.