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GM completes sale of Saab to Spyker

General Motors today completed the sale of its Swedish Saab brand to Dutch luxury sports car maker Spyker Cars NV, marking the first successful sale of one of its four unwanted U.S. brands. The transaction combines Saab Automobile and its 3,400 employees with Spyker Cars and its 110-plus workers.

Video: Fiat creates café racer 500 for SEMA

Fiat is preparing a café racer-style 500 for this week's SEMA show by stripping down an Abarth version to take it "down to the essence of what you need to drive a car." The café racer philosophy of ‘more speed, less comfort' was born around the 1960s British 'biker scene and while initially focussed on increasing performance, quickly developed into a culture as concered with 'the show' as 'the go'. "It takes something like this to really get noticed at SEMA," says Craig Buoncompago, Project Manager at Fiat Product Design. "The Café Racer is really going to be one special car that you guys should really come and see." The 500's roof has been chopped, while also shorn of its door handles and being fitted with hot rod billet rims.

Lamborghini produces 2000th Aventador

The Lamborghini Aventador LP 700-4 (LP standing for Longitudinal Position, 700 for hp, and 4 for four-wheel drive) has quite the bloodline of predecessors, featuring a famed list of Italian exotics that most people would have on their dream-car list. Owing its heritage to the likes of the Miura, Countach, Diablo and Murcielago, the Aventador continues to be Lamborghini's halo car and everyone's favorite poster. As production of the coupe, roadster and other various editions continue at Lamborghini's Sant'Agata Bolognese plant, the automaker celebrated a milestone with 2,000 units being made as of Thursday.