GM to build Cadillacs outside the U.S.

General Motors CEO Dan Akerson said Tuesday that the company plans to begin building Cadillacs outside the United States by the end of 2012 as part of its plan to make GM's premium brand a true global nameplate. Akerson said overseas Cadillac production would reduce the risk of foreign-currency fluctuations and allow GM to better manage its supply chain. Although Cadillac long has been sold in China and other international markets, it's produced only in North America.

Saab parent company to sell Spyker luxury brand to U.S. firm

Saab parent company Swedish Automobile plans to sell its Spyker luxury-sports-car brand to U.S. private-equity firm North Street Capital for about $44 million. Spyker has been careful to point out to European news sources that the agreement has not been made final.

Peugeot 508 to replace 407 and 607

The Peugeot RC HyMotion Concept Apart from in France, it’s always been a racing certainty that the bigger the French car the poorer its sales. And it looks as if the French are finally starting to wake up to this fact and are looking at rationalising their upper-range cars to consolodate on one new model. Well, at least Peugeot are.