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Spyker said to be General Motors' only candidate to buy Saab

Spyker Cars NV is the only buyer under consideration for the Saab brand and is seeking to line up funding that will satisfy General Motors Co., a person with direct knowledge of the situation said. Financing has been a main obstacle to a deal, said the person, who declined to be identified because the information isn't public. The proposal from Spyker, a Dutch sports car maker, had included a Russian partner that GM rejected, and Spyker was seeking to arrange financing that didn't include that partner, the person said.

Chrysler Group names new chief for Fiat in North America

Chrysler Group on Monday named Timothy Kuniskis head of the Fiat brand for North America, replacing Laura Soave, who "has left the company and will pursue other interests." Kuniskis, 44, most recently served as director of marketing for the Chrysler and Fiat brands. The change is effective immediately, Chrysler said in a statement. Soave, 39, who supervised Chrysler's efforts to reintroduce the Fiat brand in North America after a 17-year absence, attended the rollout last week of the Fiat 500 Abarth at the Los Angeles auto show but did not participate in the press conference, raising further questions about her tenure.

'Grand Bentley' preview (Video)

Bentley is teasing us with a preview video of its forthcoming 'Grand Bentley', which shows only sections of the car's flowing shoulder, hood and grille. The all-new new car, which will debut at the Pebble Beach Concours d'Elegance this summer, is claimed to be 'exceptional in all respects on the road' as well as 'the purest expression of the Bentley spirit'. It has been designed, engineered and built in Crewe, England and will be the replacement for the aging Arnage.