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Saab's plan to become a successful indy car maker

By Tim Pollard Motor Industry 14 July 2009 09:24 Saab has spelled out to CAR its vision of being an independent car maker double the size of Jaguar. Saab is in the process of separating from GM, as part of the seismic restructuring underway at the car maker previously known as the world's biggest. The final details of Saab's future ownership should be announced in the next few weeks.

Guinness returns fastest production car world record to Bugatti

The Bugatti Veyron Super Sport is back as the “Fastest Production Car” after Guinness World Records looked deeper into the claim, and decided that Bugatti's eliminating the speed limiter in order to set a record did not bar the vehicle from holding the title. “The focus of the review was with respect to what may constitute a modification to a car's standard specification,” said Guinness in a statement. “Having evaluated all the necessary information, Guinness World Records is now satisfied that a change to the speed limiter does not alter the fundamental design of the car or its engine.” Now the company owns both the open- and closed-top speed records with the Veyron Grand Sport Vitesse and the Veyron Super Sport.

Senate passes cash-for-clunkers extension

The Senate added $2 billion to "cash for clunkers" on Thursday, ending a week of suspense about whether the popular new program would have to shut down for lack of funds. The bill, identical to the one that passed the House last week, now goes to President Barack Obama for his signature. The administration has pushed hard for the new funding.