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Read the GM press release annoucing the sale of Saab to Spyker Cars

PRESS RELEASE: GM Reaches Agreement to Sell Saab to Spyker DETROIT -- General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB. "Today's announcement is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans worldwide, and great news for GM,” said John Smith, GM vice president for corporate planning and alliances. “General Motors, Spyker Cars, and the Swedish government worked very hard and creatively for a deal that would secure a sustainable future for this unique and iconic brand, and we're all happy for the positive outcome,” Smith said.

Peugeot RCZ revealed

Peugeot has finally released details of the Peugeot RCZ, which will launch at Frankfurt Despite our previous criticisms that the Peugeot RCZ looked like a clone of the old Audi TT, we think it’s a great looking car. It’s a real statement of intent to push Peugeot more towards the ‘Sporty’ and leave Citroen to do the ‘Luxury’. And it looks set to cost less than £20k (as a starting point) when it finally goes on sale next Spring after an official reveal at Frankfurt next month.

Ferrari F450 – Spy Shots

First shots of the new Ferrari F450 running in its own body So what do we see. Well, these shots of make the renderings we ran in March look pretty accurate. Up front we can see headlights running back in to the front wing, which seem to include LEDs.