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Spyker said to be General Motors' only candidate to buy Saab

Spyker Cars NV is the only buyer under consideration for the Saab brand and is seeking to line up funding that will satisfy General Motors Co., a person with direct knowledge of the situation said. Financing has been a main obstacle to a deal, said the person, who declined to be identified because the information isn't public. The proposal from Spyker, a Dutch sports car maker, had included a Russian partner that GM rejected, and Spyker was seeking to arrange financing that didn't include that partner, the person said.

Elegance Without the Boast: Glenmoor Gathering keeps gaining significance

Founders of the Glenmoor Gathering of Significant Automobiles steered away from the “concours d'elegance” label when they started the thing 16 years ago. That “concours” word escapes their lips now that the annual gathering on the grounds of the Glenmoor Country Club (the centerpiece of a gated community just outside Canton, Ohio) has achieved a certain gravitas. Consider the best in show winner at the Sept.

Mazda to recall more than 500,000 vehicles

Mazda plans to recall about 514,000 vehicles to repair power-steering systems that fail suddenly. The recall will affect the Mazda 3 and the Mazda 5 manufactured in Japan from 2007 to 2008, according to a report in Reuters. Currently, Mazda has filed recalls for 215,000 vehicles in the United States and more than 10,000 in China.