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Infiniti goes back to the Q

Infiniti will completely rename its product portfolio next summer, returning to the letter “Q” from the brand's early history for every car, and “QX” for every Infiniti crossover and SUV. The company is undertaking the change to prepare for a broader array of future products around the world, says Johan de Nysschen, worldwide president of the brand. Infiniti's current lineup of sedans will become the Q50, Q60 and Q70.

Saab sold to Spyker

General Motors' Saab division won't end up on the postbankruptcy scrap heap with Pontiac and Saturn. Just as Saab's death appeared imminent, the Swedish automaker was scooped up on Tuesday by Dutch supercar-maker Spyker Cars in a $74 million deal that has been in works for months. The deal is expected to close on Feb.

April new-car sales winners and losers

U.S. light-vehicle sales rose 8 percent to nearly 1.4 million in April, with strong retail sales and pent-up demand adding momentum to the industry's spring thaw. Among major automakers, Nissan Motor Co., Chrysler Group and Toyota Motor Corp.