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Saab on brink of closing after GM rejects rescue plan

Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.

Autorama Ridler Award goes to a woman for the first time

For the first time in the history of the Ridler Award, the trophy was won by a woman. The 1933 Ford Phaeton, named Gold Digger, owned by Tammy Ray of Dahlonega, Ga., was judged the best of the Great Eight at the Detroit Autorama on Feb. 28.

BMW X6 and 6-series get limited editions

BMW revealed two special edition 2013 models on Thursday: the X6 Performance Edition and 6-series Coupe Frozen Silver Edition. In 2011 the company did the same thing with the BMW M3 Frozen Black Edition. The X6 Performance Edition can be considered an M light.