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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.

MG Icon SUV Concept revealed ahead of Beijing debut

MG Icon SUV heading for Beijing The MG Icon – a compact SUV Crossover – has been revealed ahead of a debut at the Beijing Motor Show. Men with beards and pipes will be dismayed at the news that there is going to be an MG SUV, but there is and it’s the MG Icon – which might be setting the bar a but high. Looking like a cross between and MGB GT and a Juke, the MG Icon is expected to share a platform with the MG5 and MG6 and be powered by the 1.5 litre four-pot SAIC used in the Chinese versions of the MG and Roewe.

McLaren F1 designer signs on with Florida start-up

A small Florida company with hopes of making green performance cars has landed a big name. Rivian Automotive said this week that it has signed on Peter Stevens--the designer of the McLaren F1--as its director of design. It hopes to bring its first car to market in 2013 and launch more in 2014.