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Spyker said to be General Motors' only candidate to buy Saab

Spyker Cars NV is the only buyer under consideration for the Saab brand and is seeking to line up funding that will satisfy General Motors Co., a person with direct knowledge of the situation said. Financing has been a main obstacle to a deal, said the person, who declined to be identified because the information isn't public. The proposal from Spyker, a Dutch sports car maker, had included a Russian partner that GM rejected, and Spyker was seeking to arrange financing that didn't include that partner, the person said.

Lexus reclaims the top spot in J.D. Power quality study

Lexus reclaimed the top spot in J.D. Power and Associates' annual benchmark study of vehicle quality, while U.S. luxury rival Cadillac continued its rebound and Lincoln plunged.

Michelin Challenge Design 2012 'City 2046: Art, Life and Ingenuity' – The Finalists

The jury of the 2012 Michelin Challenge Design has selected and released images of its 27 finalists, chosen from a huge number of designs submitted by aspiring automotive designers. The competition's theme, ‘City 2046: Art, Life and Ingenuity', saw more than 1,700 registrants representing 88 countries which left the jury reviewing over 200 projects. Michelin set all participants a challenging brief, calling for designs for a "desirable, safe and sustainable personal vehicle" specifically for Los Angeles, Mumbai, Paris, Rio de Janeiro or Shanghai.