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GM to shut down Saab

General Motors will shut down Saab after the automaker wasn't able to conclude a deal to sell the brand to Spyker Cars, GM said on Friday. “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," GM Europe president Nick Reilly said in a statement. "In order to maintain operations, Saab needed a quick resolution.

Icona reveals first render of Vulcano super sportscar

Icona will unveil a one-off super sports car dubbed Vulcano at next month's Shanghai auto show. The Vulcano was coachbuilt in Italy and was designed by the Shanghai-based Italian design house to show an evolution of its design language, first seen on the 2011 Icona Fuselage concept designed by Samuel Chuffart, Icona's design director. Icona says the design aims express the power within the hood while keeping the shapes harmonious.

Chevrolet Cruze lands in the UK

GM is having its problems, as we’ve chronicled almost endlessly, but they are pushing ahead with the launch of their Focus-sized offering, the Chevrolet Cruse, around the world. So far it has been launched in the Far East and Australia, and now we’re getting it in the UK from the summer. But oddly, it’s not going to arrive in the US until next year.