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Saab owners Spyker NV to become Swedish Automobile NV

Is the rain coming to an end at Saab? In the seemingly never-ending saga of Spyker and Saab it does now seem likely that the deal we reported last week with Chinese distributors Pang Da is going to pan out. The messy-looking deal with Pang Da has seen the beleaguered Dutch car maker receiving €30 million already from the cash-rich Chinese, which it’s using to pay-off its suppliers in an attempt to get production lines rolling again in Trollhattan.

The great British motorway speed limit debate

Associated Press As the government plans a 60mph limit on a 32-mile section of the M1, Britain's speed limits are under the spotlight as never before. The lower limit was announced this week as part of a project to improve air quality in Derbyshire and Yorkshire. If approved, drivers will not be able to exceed 60mph between junctions 28 and 35a between 7am and 7pm.

One Lap of the Web: The Greenwich Concours, racecars for the street and exclusivity at Ferrari

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Over at Motor Authority, they're talking about the Audi W