GM sees no potential buyers for Saab

General Motors has found no interested buyers for Saab, sources familiar with efforts to sell the Swedish brand say. GM put Saab under "strategic review" as part of the long-term viability plan submitted to Congress last month. In a subsequent interview with Automotive News, GM Vice Chairman Bob Lutz said strategic review is "code for we realize they're not working and something needs to be done." GM has not announced a decision to sell the brand, but has quietly shopped it around, the source said.

16-year-old Verstappen to race in Formula 1

TEENAGER Max Verstappen is confident he can handle the pressures of the world of Formula One and insists he is not worried about the sport's dangers. The 16-year-old is set to become the youngest driver in F1's history after joining Toro Rosso for the 2015 campaign. Verstappen - 17 in September and currently competing in Formula Three - will replace Frenchman Jean-Eric Vergne at the Red Bull-owned team.

2014 Corvette Stingray sales start limited to 900 Chevy dealers

When the redesigned 2014 Chevrolet Corvette Stingray begins rolling off the assembly line in Bowling Green, Ky., in late summer, only about 900 of Chevrolet's 3,000-plus dealers will get cars. Last week, General Motors confirmed to Chevy dealers which ones had qualified to sell the Stingray at launch. Those dealerships can begin ordering the car in the next few weeks.