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De Tomaso Deauville: The De Tomaso formerly known as SLC. And SLS

The new De Tomaso has a name - De Tomaso Deauville So the De Tomaso formerly known as the De Tomaso SLC, and then dubbed the De Tomaso SLS by its octegenarion saviour now has a proper De Tomaso-style name – the De Tomaso Deauville. Which is all fine and dandy – and sounds a lot better than naming the new Tomato* after past and present Mercedes – but seems an odd name to give a cumbersome crossover come SUV come BMW GT wanabee. Why odd, you ask?

U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.

Feds: Backup cameras in all new cars by 2018

The U.S. Department of Transportation today finalized a set of federal standards for rear visibility that will require all new vehicles under 10,000 pounds to have backup cameras by mid-2018. Congress called for the rules in 2008 after a spate of accidents in which parents driving cars or trucks backed over their young children, killing them.