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General Motors reportedly close to selling Hummer for $150 million

General Motors Co., working to cut its U.S. brand count in half as part of its restructuring, is trying to complete a deal to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery Co. for about $150 million, Bloomberg News reported Thursday.

CDN-GM Interactive Design Competition - interior phase finalists announced

July 19 saw the CDN-GM competition judging and mentoring teams meet at GM's world HQ in Warren, Michigan, to cast judgment over the 99 entries to the interior phase of the competition. The competition asked design students to develop concepts in response to briefs set by each of GM's four brands – Chevrolet, Cadillac, GMC and Buick. The judges nominated three finalists for each brand, who will be invited to attend the 2012 NAIAS in Detroit.

Jaguar XKR-S GT revealed (+ video)

Jaguar has pulled a surprise with the reveal of a more focused, and expensive, XKR ahead of the New York Auto Show – the Jaguar XKR-S GT. The XKR-S GT doesn’t get extra power – the XKR-S already has 542bhp – but it does get lots of tweaks to make it more able to use the performance it has. That means a new bonnet with more vents to improve cooling, a new carbon fibre front splitter, new rear diffuser, an aluminium undertray at the front, a whopping great spoiler at the back and bits of carbon fibre floating around.