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The world's best-selling passenger car is…

UPDATE-Ford announced Tuesday the Focus nameplate sold more than 1,020,000 units in 2012 making it the best-selling passenger car in the world. Data supporting the claim came from Polk's annual vehicle-registration review, which, since it accounts for data from around the globe, comes out three to four months later than other 2012 recap results. In China, registrations for Focus vehicles were up 51 percent, accounting for nearly one in four global Focus sales, according to Polk.

Toyota will test stability of all of its SUVs

Toyota Motor Corp. said on Thursday that it will conduct safety tests on all of its SUVs after suspending sales of the Lexus GX 460 following a report of a risk of rollover accidents. Toyota stopped GX 460 sales earlier this week.

Saab says asset sale to BAIC gives it cash for a fresh start

Saab believes that a deal to sell some key assets to Beijing Automotive Industry Holdings Co. will help secure the money-losing automaker's future. "The money will finance the new Saab and contribute to a good start under new ownership," Saab spokeswoman Gunilla Gustavs said without revealing financial details of the deal.