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GM completes sale of Saab to Spyker

General Motors today completed the sale of its Swedish Saab brand to Dutch luxury sports car maker Spyker Cars NV, marking the first successful sale of one of its four unwanted U.S. brands. The transaction combines Saab Automobile and its 3,400 employees with Spyker Cars and its 110-plus workers.

Ford Verve Sedan, F150 (2008): first official pictures

By Liz Turner Motor Shows 13 January 2008 18:48 The Mustang Bullitt GT is the cherry on top, not of a cake, but a pile of bread-and-butter products at Detroit that could save Ford. The Blue Oval has unveiled an all-new mighty F150, a four-door US version of the Fiesta-sized Verve concept seen at Frankfurt and a range of turbocharged direct-injection petrol engines, dubbed EcoBoost. Derrick Kuzak, group VP for global product development, told CAR Online that to truly reduce emissions you need a mass-production solution people can afford, and EcoBoost doesn’t need all the expensive and complex after-treatments for NOx and particulates needed by diesel to meet US regulations.

Dodge Avenger replacement could go rear-wheel drive

Chrysler is pondering a shakeup for its midsize-sedan lineup. The Dodge Avenger replacement would shift to rear-wheel drive, and the next Chrysler Sebring would be based on a Fiat platform in an effort to differentiate two cars that currently share the same underpinnings, Automotive News reports. The Avenger replacement could be based on a modified Challenger platform, which itself is a modified version of the Charger and Chrysler 300 platform.