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PG Elektrus looking for the Tesla Roadster market

PG Elektrus aims to take over from the Tesla Roadster German manufacturer PG and designer Michael Fröhlich have created the PG Elektrus, a Lotus Elise with an electric motor. With production of the Tesla Roadster now at an end, where will the millions thousands hundreds handful of car buyers round the world looking for an electric Lotus Elise for three times the money of the donor car look for gratification? Step up the PG Elektrus.

Ford outsells GM for second time since 1998

Ford Motor Co. outsold rival General Motors in the United States last month for the second time since 1998. Ford, aided by a 21 percent jump in truck sales amid rising gasoline prices, said today it sold 212,295 light vehicles last month, or 5,674 more than GM.

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.