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Spyker said to be General Motors' only candidate to buy Saab

Spyker Cars NV is the only buyer under consideration for the Saab brand and is seeking to line up funding that will satisfy General Motors Co., a person with direct knowledge of the situation said. Financing has been a main obstacle to a deal, said the person, who declined to be identified because the information isn't public. The proposal from Spyker, a Dutch sports car maker, had included a Russian partner that GM rejected, and Spyker was seeking to arrange financing that didn't include that partner, the person said.

RCA students to reinterpret classic cars for Salon Privé

Salon Privé is the rather pretentious-sounding UK concours d'elégance that models itself on the likes of Pebble Beach and Villa d'Este. This year the event has something that really piques our interest – a design contest, judged by some of the world's top designers. Ten Students from the nearby Royal College of Art have been tasked with reinterpreting a previous cars entered into the show for a competition named Concours of the Future.

Transmissions gone wild!

If you've been car shopping recently, or just paying attention to Autoweek car reviews, you've noticed that the six-speed automatic -- de rigueur as recently as a year ago -- suddenly has ratio envy. The new hotness? Eight- and nine-speed automatic transmissions.