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General Motors to shut down Saab

General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.

Mercedes celebrates 60th anniversary of Unimog with new concept

The Mercedes-Benz Special Trucks unit (MBS) revealed a design study celebrating the 60th anniversary of the Unimog at the Daimler plant in Wörth recently. The concept, called simply ‘60 Years Unimog', is said to inform the future form language of Mercedes-Benz commercial vehicle design. Combining of the past and future of the Unimog, the MBS development team, the Daimler commercial vehicle designers in Sindelfingen and a model designing partner have created an avant-garde vehicle that retains the inherent functionality and capabilities of the now iconic vehicle.

Lincoln edges Lexus in new J. D. Power survey of vehicle dependability

Lincoln now leads the industry with the most reliable vehicles, according to a closely watched annual survey, marking the first time Ford Motor Co.'s premium brand has captured the crown. Lincoln unseated Porsche in J.D. Power and Associates' 2011 U.S.