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GM spending $336 million on plant upgrades for Volt production

General Motors on Monday said it would spend $336 million on upgrades to the Hamtramck plant near downtown Detroit to build the Chevrolet Volt hybrid car. The plant will begin building Volt prototypes next spring, using the Hamtramck plant's existing production line. Production of saleable vehicles begins next fall.

Jaguar prices 75th-anniversary XKR

Jaguar is celebrating its 75th anniversary with a limited-edition XKR that will sticker for $104,500, including destination. It's called the 2011 XKR175 Anniversary Coupe, and as the name implies, it's a nod to the brand's landmark birthday. The Jag was shown at the Pebble Beach Concours d'Elegance.

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.