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GM sees no potential buyers for Saab

General Motors has found no interested buyers for Saab, sources familiar with efforts to sell the Swedish brand say. GM put Saab under "strategic review" as part of the long-term viability plan submitted to Congress last month. In a subsequent interview with Automotive News, GM Vice Chairman Bob Lutz said strategic review is "code for we realize they're not working and something needs to be done." GM has not announced a decision to sell the brand, but has quietly shopped it around, the source said.

The next F1: McLaren plans replacement for supercar

Formula One powerhouse McLaren secretly has begun work on a replacement for its legendary F1 supercar, while it also gears up to become a mainstream sports-car maker. McLaren's Technology Center in Woking, England, has built some 2,000 McLaren SLR supercars a year for Mercedes-Benz, but McLaren boss Ron Dennis reportedly has his sights set on producing 1,000 of its upcoming Ferrari F430-fighting P11s a year starting in 2011. The number, Dennis said, will rise to 4,000 cars by mid-decade as future models such as the Porsche 911-challenging P8 come on line.

Audi TT speedster 'will be built'

By Tim Pollard Motor Industry 20 May 2008 12:15 Audi will build a limited production run of the TT speedster we scooped last week, CAR Online can reveal. The company is planning to make between 50-100 of the chop-top TT especially for the Middle East market. Although spokesmen in Europe have denied any production plans for the unusual open-top TT we spied on test in southern Germany, Audi's marketing director for the Middle East, Bernd Rosenbichler, told us they were planning a small production run for enthusiasts in hotter climes.'We have been asked [by Audi AG] if we could imagine bringing this car here,' he told CAR.