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Saab is sold again: two Chinese makers buy Saab

Chinese car makers Pang Da and Youngman today agreed to buy Saab in its entirety from Swedish Automobile. It's the latest extraordinary twist in the saga of Saab, which has been technically bankrupt since September 2011 and built just 11,000 cars this year. The deal, which will see the Chinese car makers pay €100 million for Saab, has not yet however been signed and sealed.

2015 Subaru WRX revealed ahead of LA Auto Show

Subaru's 2015 WRX model is slated to make its world debut at the LA Auto Show, but we're getting an advanced look a the enthusiast favorite thanks to a brief teaser video and what may be a leaked image of the sedan making the rounds on the Web. The Japanese automaker has kept the new WRX pretty tightly under wraps. Besides the WRX concept we saw at the New York auto show , Subaru has released little more than a seven-second teaser video.

Porsche 911 GT3 R racer rockets to America

The potent Porsche 911 GT3 R is bringing its vaunted blend of 480 hp and lightweight construction to the United States. But here’s the rub--only three are en route. The race car replaced the 911 GT3 Cup S in Porsche’s motorsports line and has become a staple of European competition.