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Saab finds a buyer

Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.

Concept Car of the Week: Ghia Streamline X 'Gilda' (1955)

In 1954 Virgil Exner, director of styling at Chrysler, created a scale clay-model to communicate to his team his vision of futuristic and aerodynamic shapes. The sculpture was then painted black and was left on display in Exner's Office. There it caught the eye of Luigi Segre, director of Ghia who expressed his intentions to create a car inspired by the forms of the model.

2015 Chevrolet Corvette Z06 spied

The 2014 Chevrolet Corvette Stingray is heading to dealerships now, which means it's a perfect time to start salivating over the prospect of an even more extreme take on an American classic: The 2015 Corvette Z06. These spy photos give us a hint at what to expect when Chevy gets around to announcing the car. From the look of it, the next Z06, which some sources suggest may be called the Z07, will be even meaner looking than the base Stingray.