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Spyker confirms new Saab 9-3 coming in 2012

Spyker, Saab’s new supercar-building owner, has outlined its plans for the brand – which include a new 9-3 range – ahead of an extraordinary general meeting on 12 February where it hopes its shareholders will ratify its purchase of the ailing Swedish car company. If it gets the green light, Spyker and Saab will be renamed as Saab Spyker Automobiles NV – though each company will operate separately – and Saab will be positioned as 'an independent performance-oriented niche car company with an industry-leading environmental strategy'.  Up first is the new 9-5 – which will be launched this summer – followed by an Estate version and an Audi Allroad-aping 9-5X. The new Cadillac SRX-based 9-4X SUV will arrive in early 2011, and Spyker is plotting the new 9-3 a year later.

Nissan lowers vehicle prices to boost Internet shopping

Jockeying for better position in Internet shopping sites, Nissan will cut the manufacturer's suggested retail prices on seven key models, effective Friday. The price cuts range from a $580 reduction on the brand's volume leader, the Altima, which was redesigned for 2013 and was the best-selling car in the nation in March, to $4,400 off of the Armada full-sized SUV. The price adjustments affect vehicles that represent two-thirds of the brand's U.S.

New details on Mercedes' Porsche 911 fighter

Mercedes-Benz's AMG performance-car division is forging ahead with development of its new twin-turbocharged 4.0-liter V8 powered sports car, nine months before it is scheduled to be revealed at the 2014 German Grand Prix. Known to insiders by its code name, “C190” the two-seat coupe has been conceived to follow in the wheel tracks of the four-year-old SLS at the head of the German carmaker's lineup, aiming to challenge the heady performance and everyday driving appeal of the latest Porsche 911 Turbo at a price that insiders suggest will be in the region of $160,000 when North American sales begin in early 2015. Originally, AMG's new front-engined sports car was tipped to revive the iconic SLC name first used by the SL coupe back in 1971.