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GM improves, Toyota slips as industry sales decline eases

Ford, Honda and General Motors posted their smallest sales declines of the year in April, while Nissan and Toyota had their largest, as the industry improved from depressed levels of February and March. Drops of 33 percent at Ford Motor Co. and GM were in line with analysts' forecasts, as was American Honda's 25.3 percent slide.

Bernie Ecclestone wants Saab – Spyker make new bid

Bernie Ecclestone is behind the Genii bid for Saab I think if we tried really hard we could be doing at least one story a day on the saga that is the sale of Saab by GM. There’s no point re-hashing the history – if you read here regularly you’ll have had your fill of the story that’s more like a Soap Opera than a business deal, but if you want all the back stories just look under Saab. But now – at the 11th hour – we have two new bits to add to the story.

Seat Leon Cup Racer revealed

Volkswagen’s Spanish daughter company, Seat, has unveiled the new Leon Cup race car. Set to get a public airing at this week’s Woethersee fan meet in Austria, the new front-wheel drive hatchback runs a heavily tuned version of parent company Audi’s EA888 turbocharged 2.0-liter four-cylinder petrol engine developing about 325 hp and 184 lb-ft of torque. In standard guise, drive is channeled through a six-speed dual-clutch gearbox.