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Saab reportedly sold to China’s Pang Da & Youngman for €100 million

Saab Sold to China? Update: Just minutes after publishing this story we’ve heard from Saab confirming this report is correct and that the administrator - Guy Lofalk – has withdrawn his application for Saab’s court protection to be removed. The deal will be subject to Government approval.

Nissan gets a new 'Leaf' on life

On Thursday, Nissan announced that its all-electric Leaf will be added to its Certified Pre-Owned Vehicles program. Starting in September, Nissan will back all used Leaf vehicles to provide years of performance and quality at a competitive value. The program will not only provide buyers with eight-year/100,000-mile battery warranty coverage, but also with five-year/60,000-mile coverage for battery-capacity loss that falls below nine bars, which is imperative when you're relying solely on electricity to power your vehicle.

McLaren MP4-12C Spider (2012) first official pictures

For the naysayers who continue to decry McLaren's MP4-12C for a supposed lack of visual and visceral drama, the British supercar maker has unveiled this: the new 2012 McLaren MP4-12C Spider. Mechanically identical to the newly updated MP4-12C coupe, the Spider gets a unique retractable hard-top to keep out the rain, just in time for its wintry lanch in November 2012. How is the McLaren 12C Spider's folding roof unique?