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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.

Audi opens ‘Terminal’ Showroom in India

Audi opens a 'Terminal' Showroom at Audi Kochi in India [ad#ad-1] Premium car makers have always had very modest sales in India. Despite some wealth in the past, there was never really the prospect of a big premium car market in India, particularly with the huge import duties on cars. But things are changing.

Ferrari plans 458 Scuderia, new 599 and Enzo

Ferrari is planning a range of new cars to rejuvenate its sports car family - including a new 458 Scuderia, a replacement 599 GTB and a hypercar to replace the Enzo. A report by respected automotive industry journal Automotive News today published a detailed timeline of the new car launches planned by Maranello: 458 Spider Launched at the 2011 Frankfurt motor show, retractable hard top. European sales in autumn 2011 458 Scuderia Coming in 2013, following recipe of 430 Scuderia.