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Chevrolet sets base price for the 2011 Camaro convertible at $30,000

The price of the 2011 Chevrolet Camaro convertible when it hits showroom floors in February will be $30,000, including an $850 destination charge, General Motors said on Thursday. The price is about $2,000 more than a similarly equipped Ford Mustang convertible. The Camaro convertible will be available in the same trim levels as the coupe version.

Spyker in negotiations to sell its sports-car business to focus on Saab

Spyker Cars said Thursday it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov. Spyker, which bought Saab from General Motors Co. a year ago, said it has signed a memorandum of understanding to sell Spyker's assets to U.K.

Britons warned of highway robbery

HOLIDAYMAKERS have been warned that Britons are being targeted by highway thieves on a busy Spanish toll road. More than 120 British drivers have been the victims of sneaky thefts on the AP-7 motorway near Barcelona, according to the AA. Thieves have been flagging cars down and then distracting their occupants while one of the offenders steals their possessions.