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New options make Prius pricey

High-tech features and luxury options will push the redesigned Toyota Prius into new territory--namely, $30,000-plus. The 2010 Prius hybrid will offer options found on luxury cars: systems that automatically park the car in a parallel parking space and slow the vehicle when a crash is likely. But Toyota is aware of a new competitor--the 2010 Honda Insight, a hybrid that is a little smaller and expected to be less expensive than the Prius.

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.

New Nissan Micra loses ground in Europe over quality issues and no diesel option

Nissan Micra Sales fall in Europe Nissan trumpeted the new Micra as its ‘Global Compact Car’ in the run-up to its reveal at Geneva last year. And by ‘Global’ they meant ‘Produced in Emerging Markets’. Which is a big change from the last generation Micra which was produced in Sunderland, but a move that seemed to make sense in a world where small cars in emerging markets are a priority, and where cost of production is much lower.