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Spyker hopes for a Saab purchase accord in 'days, not weeks'

Dutch niche carmaker Spyker Cars NV hopes to reach an agreement with General Motors Co. to purchase Saab in “days, not weeks,” Spyker's CEO said today. If that doesn't happen, CEO Victor Muller said, Spyker may have to give up.

Interior Motives China Conference 2007

There are 1.3 billion people in China, with 38 million cars between them. 7 million new cars were sold last year, nearly 9 million are expected to sell this year - a growth rate of over 25%. Of the 140 different Chinese car companies, the top ten are responsible for 85% of sales.

Recalls and stop-sale orders leave GM cars sidelined at dealers

Memorial Day weekend is one of the busiest times of the year for car dealers around the country, but the recent spate of recalls and stop-sale orders for GM vehicles will be putting the brakes on a lot of potential sales. Specifically, Chevrolet, Buick, Cadillac and GMC dealers will be unable to deliver tens of thousands of large SUVs and crossovers, a segment that has seen a lot of demand in recent months because of unavailable parts for recalled cars, Automotive News reports. When it comes to large crossovers, the recall of 1.3 million examples of the GMC Acadia, Buick Enclave, and Chevrolet Traverse vehicles from the 2009-2014 model years is likely to hit dealers hard.