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Used Volvos for sale: First $290K takes both

Having decided to focus solely on their Pirelli World Challenge GT effort involving Volvo's S60, K-PAX racing has decided to sell off their two-year-old C30s. Given that 2013 is the production car's last hurrah, it makes sad sense that Volvo's not too interested in campaigning a machine that will soon be vacating showrooms. Built in 2011 to compete in the World Challenge Touring Class, the pair managed six poles and five wins under the sure hands and feet of Robb Holland and Aaron Povoledo.

Saab ends deal with Chinese investors

Saab owner Swedish Automobile scrapped a $340 million investment deal with Chinese automotive companies Zhejiang Youngman Lotus and Pang Da after they proposed a buyout, straying from the original deal. Youngman and Pang Da signed a nonbinding agreement in July to take a combined 53.9 percent stake in Swedish Automobile. The Chinese companies say circumstances have changed since that time, so the deal should too.

Nissan design chief Shiro Nakamura meets Jay Leno, talks about new 240Z

Nissan Design's Chief Creative Officer Shiro Nakamura met talk-show host Jay Leno in the latest of the ‘Jay Leno's Garage' YouTube series, chatting candidly about the possibility of a new 240Z within the next two years. Next year will be the 80th anniversary of Nissan and the new model would be a celebration of the occasion, taking the spirit of the 240Z while refreshing the original design and shape into what Nakamura hopes will be an exciting new product. Speaking at the Nissan Technical Center in Japan, Nakamura said: "I don't regulate everything, I don't come too often.