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Nissan Invitation concept previews new Nissan Note

The Nissan Invitation concept previews the 2013 Note MPV Nissan has revealed the Nissan Invitation Concept – which will debut at the Geneva Motor Show – and previews the 2013 Nissan Note. The current Nissan Note is a competent enough compact MPV, but it’s a bit beige. But if the Nissan Invitation Concept unveiled this afternoon is anything to go by, the 2013 Nissan Note will be a lot funkier.

Koenigsegg backs out of deal to buy Saab

Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.

Cadillac SRX: Redesigned, smaller and less expensive

Cadillac is enhancing its line with a redesigned 2010 SRX and the addition of the 2010 CTS wagon. Both vehicles go on sale in late summer. Cadillac's redesigned 2010 SRX will carry a $34,155 sticker price, $7,080 less than the V6 crossover it replaces.