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Saab turns down takeover offer from Chinese investors

Swedish Automobile, owner of Saab, has turned down a takeover offer from China's Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. Youngman and Pa Dang signed a nonbinding memorandum in July to take a combined 53.9 percent stake in Swedish Automobile for about $338 million.

OnStar tests Facebook updates, text-message reading services

General Motors' OnStar service is launching new features with the latest generation of its technology and is testing applications such as reading text messages and updating social-networking Web sites via voice command. The ninth generation of OnStar's software will let GM car owners use their smartphone to remotely start the engine and lock or unlock their cars. The service is called OnStar MyLink.

Design Review: Audi Nuvolari quattro concept

Hot on the heels of the Pikes Peak study at Detroit in January, Audi today unveiled the Nuvolari quattro four-wheel drive concept vehicle at the Geneva Motor Show. In contrast to the Pikes Peak crossover SUV concept, with the Nuvolari, Audi's designers have created a classic, high-powered 2+2 GT coupe.   It's certainly powerful: a 5.0-litre V10 biturbo with FSI direct fuel injection with 600ps and a 0-100km/h time of 4.1 seconds means it's the most powerful roadgoing Audi engine ever developed.