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Maserati Ghibli

Maserati has unveiled the first images of the 2013 Ghibli ahead of its official debut next week at the Shanghai Auto Show. While the Ghibli badge has previously been reserved for coupés – both Giugiaro's 1967 original and Gandini's Biturbo-based 1992 Ghibli II – this is a four-door sports sedan to sit below the larger Quattroporte revealed in January at the North American International Auto Show. It's the first time the carmaker has built a car for the E-segment since the 1994 Quattroporte IV and is set to challenge high end of the Mercedes E-Class and BMW 5-series in AMG and M5 guises respectively.

Saab on brink of closing after GM rejects rescue plan

Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.

Aston Martin and Daimler sign technical partnership

Aston Martin Lagonda Ltd. and Daimler AG have signed a technical partnership between Aston, Daimler and Mercedes-AMG GmbH. Recall the companies signed a letter of intent back in July, and since then have been discussing options for cooperation.