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Spyker Cars to change name, shift focus

Spyker Cars is changing its name to Swedish Automobile N.V., and its new Chinese partner, Pang Da, is waiting for authorities to approve the investment in Spyker and Saab. Known for more than a decade as a producer of exclusive muscle cars, Spyker sold off its sports-car business in February to focus on Saab. The company bought the Swedish automaker a year ago when General Motors was on the verge of shutting Saab down.

Shelby American marks its 50th with U.S. tour

Shelby American will take a national tour in 2012 to celebrate the 50 years since Carroll Shelby launched the brand. The U.S. tour will be reminiscent of the original Shelby Caravan in the mid-1960s, according to Shelby American president John Luft.

Subaru Hybrid Tourer concept

Subaru has released the first renderings of its 'Hybrid Tourer Concept', which will be shown at the 41st Tokyo motor show next month. A proposal for a future grand touring car, the concept aims to integrate environmental friendliness, driving performance and safety. The exterior design is said to have been inspired by wings to create a 'feeling of freedom and confidence'.