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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.

White remains new car buyers' top color

White remains the most popular color of choice for automotive consumers, a trend report has shown, with 22 per cent of all car buyers opting for the color. Transportation coatings manufacturer PPG's annual automotive color popularity and trend data report has, however, forecasted that more vibrant colors are set to increase in popularity. Silver came a close second with 20 per cent of new car buyers opting for it, followed by black (19 per cent), gray (12 per cent), red (9 per cent), natural (8 per cent), blue (7 per cent), green (2 per cent) and other colors (1 per cent).

Washington auto show: Ford develops ‘intelligent cars'

There are plenty of smartphones, and now Ford is pitching the idea of “intelligent cars” that can communicate with each other to avoid accidents. Ford is investing heavily into the technology and will launch a fleet of prototypes this spring, the company said on Thursday at the Washington auto show. The idea is to use wireless signals on a secured channel to allow cars to communicate with each other.