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Most of Saleen sold to Michigan group

The future of specialty carmaker Saleen Inc. is getting a little clearer: Most of the company was sold to a Michigan group last week after being on the block since November. An entity called MJ Acquisitions, which owns parts and engine companies in Michigan, bought Saleen’s performance street-car program, supercharger and aftermarket business from Los Angeles private-investment firm Hancock Park Associates.

McLaren mysteries: Some things you might not know about the P1 and its maker

The McLaren P1 is one of the most spectacular supercars in the world, and it's been an object of fixation for enthusiasts since it debuted as a concept last fall in Paris. The basics are well known: a 903-hp hybrid powertrain, carbon-fiber for almost everything, and taut, curvaceous styling that introduces McLaren to a fresh generation. The P1 grew out of a somewhat hokey mission statement that McLaren produced back in 2009.

VW planning to sell 2 versions of Polo compact in U.S.

Volkswagen plans to sell two versions of its Polo compact car in the United States: a sedan smaller than the current Jetta and a four-door hatchback roomier than the one shown this month at the Geneva auto show. Both versions would be designed especially for the United States, said Volkswagen Group of America CEO Stefan Jacoby. Sales could start in 2011, he said.