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2012 Nissan Versa has more features, larger sticker--$10,990

The redesigned Nissan Versa has more standard features and a higher starting price for the 2012 model year--$10,990 without destination costs. The sub-$10,000 Versa will no longer be sold in the United States. Destination costs for the 2012 model have not yet been released.

Peugeot confirms BB1 for production

Peugeot has confirmed it will build a production version of the BB1, the concept car that's a cross between a car and a scooter. Coming less than a week after it unveiled the SR1 – a roadster concept car that’s supposed to be a line in the sand for Peugeot design – the announcement came as the 200-year old French car company launched its Marque plan that'a aimed at rejuvenating the brand. The five-year scheme has three goals: to move Peugeot up three places in the world car market; to establish the company as a benchmark for style; and to make it a leader in mobility services.

Silver linings: Saab and Mitsubishi see sales grow in May

Despite the company’s financial troubles, Saab sales are steadily increasing in 2011, with April and May numbers up 190 percent and 121 percent, respectively, from the same months last year. The Swedish automaker reported 385 units sold this May, versus 155 the year prior. So far this year, Saab has sold 2,765 vehicles, compared with 954 at the same point last year.