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McLaren unveils new supercar

After years of spy shots and speculation, McLaren Automotive finally took the wraps off its latest supercar, the MP4-12C. The MP4-12C follows the McLaren F1 (1993-1998) and the Mercedes-Benz SLR McLaren (2003-2009). McLaren Automotive says the MP4-12C is the first in a line of new sports cars it will produce, but won't say when or how many more will come.

Chevrolet Trax (2013) first official picture

Chevrolet will show this new baby SUV called the Trax at the 2012 Paris motor show, before UK sales start in spring 2013. If that name sounds familiar, it's because Chevrolet showed a concept car called Trax at the New York auto show in 2007. That's the show car depicted in our second image (only one pic of the actual 2012 Trax has been released today).

GM, Koenigsegg sign deal on Saab sale

General Motors Co. reached a deal Tuesday to sell its money-losing Swedish subsidiary Saab to Koenigsegg Group AB. The companies signed a stock purchase agreement that would give the tiny Swedish supercar maker 100 percent of Saab's shares, GM Europe said in a statement.