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Mercedes-Benz E63 AMG wagon headed to North America

Mercedes-Benz officials confirmed on Thursday that the 2012 E63 AMG wagon will be part of the North American lineup. Slated to arrive in October, the high-performance wagon will get the same 5.5-liter twin-turbocharged, direct-injection V8 that debuted in the 2012 E63 AMG sedan at the New York auto show in March. It produces 518 hp and 516 lb-ft of torque.

CAR's review of 2009: the cars that die

It’s been out with the old for a host of models in 2009, some provoking misty-eyed fond farewells, some told not to let the factory door hit them on the bumper on the way out. We pick the saddest and happiest goodbyes of the year. A sculpted drop-top with rear-wheel drive and a frantically schizophrenic VTEC engine.  What’s not to like?

Saab files for bankruptcy

Struggling Swedish manufacturer, Saab, has finally filed for bankruptcy. What may well prove to be the closing chapter in this ongoing saga could see the iconic brand laid to rest following months of uncertainty. A statement by parent company, Swedish Automobile NV (Swan) announced that: ‘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.