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GM completes sale of Saab to Spyker

General Motors today completed the sale of its Swedish Saab brand to Dutch luxury sports car maker Spyker Cars NV, marking the first successful sale of one of its four unwanted U.S. brands. The transaction combines Saab Automobile and its 3,400 employees with Spyker Cars and its 110-plus workers.

Ferrari sets personal best in China

It was a solid year for Ferrari in the burgeoning Chinese car market in 2010, as the Italian dream maker racked up its most impressive sales in that country with a tally of 300 cars. Sales were up almost 50 percent compared with 2009 results. With 10 current dealerships and the addition of some new business partners, Ferrari expects the added sales for Hong Kong and Taiwan will elevate the region to one of the company's top five international markets.

Range Rover Evoque gets 9-Speed auto ‘box

Land Rover are to fit a new 9-speed automatic gearbox from ZF to the 2014 Range Rover Evoque. Will show at the 2013 Geneva Motor Show. There are some of us old enough to remember cars that had three-speed ‘boxes, and it only seems five minutes since five-speed manual ‘boxes became the norm.