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Citroën to unveil flagship model in Beijing

Citroën has released two teaser images for a new luxury flagship model to be unveiled at the Beijing motor show next month, as part of its efforts to reposition the brand further upmarket with its DS model range. The car, which is to be the automaker's fourth and largest model in its DS range, appears to be a direct descendent of the Citroën Metropolis Concept, first seen at the Shanghai World Fair in 2010. Although it is unclear whether or not the model seen in the pictures will be the production version of the Metropolis, the two clearly share many design features.

GM may extend Saab deadline, report says

General Motors is prepared to wait beyond the end of this week before deciding on the future of Saab as it reviews remaining bids, Bloomberg News reported. The news agency quoted Saab board member Paul Aakerlund as saying that if there is a bid that GM finds sufficiently interesting, then GM's Dec. 31 decision to wind down its Swedish unit "is not a date that's holy.” Aakerlund said GM told Saab last week that it would wind down Saab and simultaneously continue talks with bidders about a sale, said Aakerlund, who also heads the IF Metall union at Saab.

Chevy to sponsor 2011 Woodward Dream Cruise

UPDATED: One of the most iconic American brands has signed on to present one of America's greatest celebrations of sheetmetal. Chevrolet and Detroit's Woodward Dream Cruise announced on Thursday afternoon a sponsorship agreement expected to run for at least three years, starting this summer. The deal is for more than $1 million and covers support services, cleanup and police.