Saab pulls out of Frankfurt motor show

It's become a cliché in the automotive press to proceed Saab with the word 'troubled' recently. Yet the company's latest announcement does little to dispel the notion that all is not well in Trollhatten, as it has announced that it will not be featuring at September's Frankfurt auto show. The Swedish car manufacturer has had trouble paying suppliers in recent months, and it is thought that Saab will instead use the money allotted to Frankfurt in order to pay them.

Lexus RC F Sport to debut at Geneva Motor Show

Lexus has announced that they'll be unveiling the 2015 RC 350 F Sport at next month's Geneva Motor Show, with the model meant to be positioned between the base RC 350 Coupe and the performance-oriented RC F. The automaker is promising that the RC F Sport will offer enhanced driving dynamics as well as exclusive exterior styling cues which will set it apart from the base version of the car. However, they're not making promises about the performance of its 450-hp performance of its 450-hp RC F sibling, which will be positioned at the top of the range.

Renault, Caterham form joint venture to build sports cars

Two lightweight two-seat sports cars, likely to be on sale in 2015 or 2016, will be the first output of a joint venture between French automaker Renault and U.K. sports car maker Caterham that was announced Monday. Renault will put its Alpine factory in Dieppe and its 300-person workforce into the 50:50 joint venture.