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Read the GM press release annoucing the sale of Saab to Spyker Cars

PRESS RELEASE: GM Reaches Agreement to Sell Saab to Spyker DETROIT -- General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB. "Today's announcement is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans worldwide, and great news for GM,” said John Smith, GM vice president for corporate planning and alliances. “General Motors, Spyker Cars, and the Swedish government worked very hard and creatively for a deal that would secure a sustainable future for this unique and iconic brand, and we're all happy for the positive outcome,” Smith said.

Name game: Analysis predicts vehicle brand based on first name

Here's something to fill your mid-afternoon break. MoneySupermarket.com, a site in the U.K. that compares everything from insurance to travel, analyzed 17 million car insurance searches on its site to come up with a list of cars people are most likely to drive based on their first name.

Volvo teases new Concept ES ahead of 2014 Geneva Motor Show

Volvo Volvo has released these mysterious teaser shots of its new Concept ES show car ahead of the 2014 Geneva Motor Show. Although largely covered in a dustsheet - annoyingly - we can still see the first details of the new car, which has the silhouette of a long shooting brake. It's also the first confirmation of the name of the car: Concept ES harks back to the 480 ES of the late 1980s, which gave Volvo a distinctive coupe with pop-up headlamps and an unusual rear end (see below).