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GQbyCitroen unveiled in London

Two days after unveiling the Survolt and DS High Rider concepts at the Geneva motor show, Citroen last week pulled off a rare surprise by unveiling the GQbyCitroen - its third concept in three days. Instigated around a year ago, the project is a result of GQ Magazine's editor Dylan Jones questioning what his readers' ideal car might look like, and subsequently being put in touch with Citroen's Mark Lloyd, design manager for this project. The concept is a 4.5m long shooting break, based on the C4 platform.

GM to invest $2 billion in 17 plants

General Motors said Tuesday that it will invest about $2 billion in 17 plants across eight states in the United States. "We are doing this because we are confident about demand for our vehicles and the economy," GM CEO Dan Akerson said in a statement. Akerson made the announcement at GM's transmission plant in Toledo, along with Ohio Gov.

Saab reportedly sold to China’s Pang Da & Youngman for €100 million

Saab Sold to China? Update: Just minutes after publishing this story we’ve heard from Saab confirming this report is correct and that the administrator - Guy Lofalk – has withdrawn his application for Saab’s court protection to be removed. The deal will be subject to Government approval.