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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.

Jeep Grand Cherokee debuts Chrysler V6

The 2011 Jeep Grand Cherokee will be the first Chrysler LLC vehicle to feature the company's new Pentastar V6 engine. The new engine greatly simplifies Chrysler's powertrain offerings and helps the company save money by improving economies of scale. The redesigned Grand Cherokee will appear in dealerships in spring 2010 as a 2011 model.

Jaguar XK and XKR Special Edition launched

New Jaguar XK and XKR Special Editions launched Jaguar has decided to give the XK and XKR sales a bit of a boost with the launch of  Special Edition models as coupe and convertible. There’s nothing quite like a Special Edition model to get punters in showrooms, and with the Jaguar XK and XKR perhaps losing a bit of their glow – thanks in part to getting towards the end of their shelf life, and the arrival of the bonkers XKR-S – Jaguar has launched ‘Special Edition’ models of the XK and XKR as both coupe and convertible. The new XK and XKR Special Editions are purely cosmetic – there’s none of the extra power we’ve seen in the XKR-S – but the cosmetic tweaks are appealing.