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Saab on brink of closing after GM rejects rescue plan

Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.

Lexus ES350/ES300h

Lexus has unveiled its ES350 and ES300h luxury sedans as part of the 2013 generation of the brand's ES lineup since its introduction over twenty years ago. The new ES remains front-wheel drive but has a lower, longer profile than its predecessor and also incorporates the brand’s signature spindle grille, with the "L" design motif reflected in the LED daytime running lights and rear lamps. The 2013 ES is 25mm longer at 4895mm, with a wheelbase of 2819mm, up 46mm.

Carroll held hostage by Tesla Model S

Autoweek's senior online editor Rory Carroll was stranded Tuesday morning by a charger stuck in a Tesla Model S. It won't release from the car, and because of that, the car won't run. He took to Twitter this morning for ideas, but has yet to receive a good one.