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General Motors to shut down Saab

General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.

Nissan Qashqai production increased – jobs created

Nissan has increased production of the Qashqai to cope with demand We thought the original Nissan Qashqai was a decent car. It looks set to improve in a number of important areas when the 2010 Qashqai hits showrooms in March, and it seems that the great car buying public is in agreement as Nissan has just announced that they are to increase production at their plant in Sunderland to cope with demand for the new Qashqai. With all the grief in the car industry last year Nissan cut production back to two shifts in Sunderland.

Porsche Panamera Convertible coming

Porsche are planning a 2 door Panamera Convertible That new Porsche 928 now looks an even more likely possibility after Automotive News reported that Porsche are looking to make a convertible Panamera. But it won’t be a four door convertible, but a two door. The report says that is to help with rigidity (we buy that) and to keep weight down (yeah, just like they have on the saloon), but what it does mean is that Porsche could easily engineer a fixed-roof, shortened Panamera to create a high-end GT in the style of the 928.