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1964 Mercury Comet with half a million miles is retired—what next?

By now you've probably heard about Rachel Veitch's 1964 Mercury Comet Caliente. She purchased the car new and has cared for it meticulously since. As of last week, the odometer tallied more than 576,000 miles.

Saab's latest factory shutdowns 'just a blip'

Saab’s liquidity crisis is a short-term ‘blip’, according to sources close to the company. Production at its Trolhattan plant in Sweden has been halted several times in the past fortnight, by suppliers refusing to deliver parts because of unpaid invoices. However, the company is confident that the impasse will be resolved soon.

GM spending $336 million on plant upgrades for Volt production

General Motors on Monday said it would spend $336 million on upgrades to the Hamtramck plant near downtown Detroit to build the Chevrolet Volt hybrid car. The plant will begin building Volt prototypes next spring, using the Hamtramck plant's existing production line. Production of saleable vehicles begins next fall.