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General Motors to shut down Saab

General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.

Ford confirms Focus RS prices

Ford Focus RS 2009 prices announced When the Ford Focus RS hits UK car showrooms in March, it will cost £24,995, with a 0-60 of under 6 seconds and over 300bhp. The base price include goodies such as 19″ forged alloys, xenon headlights, aircon and a Thatcham cat 1 alarm. For an extra £750 you can have a climate pack which includes auto lights and wipers, and for £1500 you get a clever touch-screen satnav.

Revealed: the cheapest and most expensive cars to fuel

Running a car can be an expensive business, with fuel a major contributing factor, especially if you happen to cover long distances. As we know, fuel isn’t cheap. Fortunately, independent car cost experts CAP constantly collect millions of pieces of data about thousands of new and used cars in the UK, helping to produce its Total Cost of Motoring analysis.