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Discovery Velocity TV channel to launch Oct. 4

The Discovery Network is launching a new channel--Discovery Velocity--aimed at upscale car guys and girls. It will replace HD Theater on your cable or satellite system. The initial lineup features more than 140 hours of original shows.

2014 Nissan Leaf pricing announced

Nissan has announced pricing for its pure-electric Leaf, which seems to be growing more popular by the hour. This time last year Nissan slashed the price of the Leaf by a whopping $6,000, sending into the sub-$30K territory, and for 2014 the price and equipment list has barely changed. The Leaf's driving range remains at 84 miles on a full charge, and the mpg-equivalent ratings stay at 126 mpge in the city and 101 mpge on the highway, for a combined rating of 114.

Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.