Auto News 5

General Motors confirmed on Monday afternoon it was continuing to discuss the sale of its Saab unit with Dutch luxury sportscar maker Spyker but declined to elaborate. The announcement by GM chairman and CEO Ed Whiteacre came soon after the bidder said negotiations "must end soon". Full story...

General Motors confirmed on Monday afternoon it was continuing to discuss the sale of its Saab unit with Dutch luxury sportscar maker Spyker but declined to elaborate. The announcement by GM chairman and CEO Ed Whiteacre came soon after the bidder said negotiations "must end soon". Full story...

Up-for-sale GM unit Saab looks highly likely to conclude a deal with Dutch luxury sportscar maker Spyker Cars with an announcement possibly to be made this evening, European time. Full story...

Up-for-sale GM unit Saab looks highly likely to be sold by General Motors to Dutch luxury sportscar maker Spyker Cars with an announcement expected at 16:30GMT in Detroit. Full story...

China's second biggest carmaker, FAW Group, plans to sell over 2.3m vehicles this year, up 18.3% year on year, the Xinhua news agency said, citing a company executive. Full story...

The US will follow Europe with a new generation of smaller displacement, turbocharged engines, according to the President and CEO of Honeywell Transportation Systems, Alex Ismail. Full story...

AvtoVaz , maker of cheap Lada brand small cars, should be sold for US$1 to Renault, the head of Russia's largest car importer told a German newspaper on Sunday. Full story...

Vehicle sales in the top six ASEAN markets combined fell by 10.2% to just over 1.9m units in 2009, with a sharp fall in the first half of the year partially offset by a strong second half recovery. Market recovery is expected to continue in 2010. Full story...

Formula 1 supermo Bernie Ecclestone has finally named the two teams he suspects will struggle to make it to March's 2010 season opener. Full story...

To be completely frank, I was excited to come to Georgia to see the shiny new Kia plant that is manufacturing the 2011 Sorento-- Georgia itself was incidental. The tour of KMMG was awesome-- yellow robotic arms working in a poetic rhythm with errant sparks flying into the cluster of automotive journalists who gazed on with childlike wonder (well at least this journalist felt like a 7 year old on a class field-trip!). It was truly a sight to behold. But there was something else going on in that factory, and honestly, I know I will not and cannot do it justice with my words. Full story...

The Fiat 500 by Diesel has chosen "Bread & Butter", the show dedicated to youth fashion in Berlin, to preview of two important new features: "Midnight indigo" blue, a special body colour, and the 1.3 Multijet II 95 HP (Euro 5) with Start&Stop system fitted as standard, the new second-generation turbodiesel, now even more environmentally-friendly and suitable for city driving. Full story...

The new BMW 5 Series Sedan, the epitome of aesthetic design and supreme driving pleasure in the upper midrange segment, is conquering the road. Full story...

Denny Hamlin, one of the favourites to challenge and/or stop Jimmie Johnson's quest for Five straight NASCAR Sprint Cup titles injured his left ACL (anterior cruciate ligament) in a pre-racing-season basketball game with friends. Full story...

The new Silver Arrows Formula One works team Mercedes Grand Prix Petronas was presented at the Mercedes-Benz Museum in Stuttgart. Full story...

E260,500 (estimate E70,000 - 90,000) for the Lake Maggiore 1925 Bugatti Type 22 Brescia; E475,000 for the 1935 Hispano-Suiza T56 Torpedo; E398,000 for the 1929 Mercedes-Benz 630K Coupe-Chauffeur; a world-record breaking E398,000 for the 1970 Monteverdi 450SS Hai Berlinetta; and a remarkable E189,000 for the 1971 Citroen DS21 Decapotable, underlining the continued strength of this particular Citroen. Full story...

The 2010 Gulf Air Bahrain Grand Prix will be kicking off the 60th anniversary season of the FIA Formula One World Championship with a brand new track layout as it extends its existing 5.412km circuit to a thrilling 6.299km. Full story...

DETROIT - Edward E. Whitacre, Jr., has agreed to continue as chairman and CEO of General Motors, it was announced today. Full story...

I fully admit that I was one of the people who didn't think that an SUV from Porsche would sell. Seriously, would the same people that want prestige, design and speed really want to be driving a big SUV? I don't think I have ever been more wrong! Full story...

It emerged on Monday that the Formula 1's Sporting Working Group late last week approved the touted points system tweak. Full story...

Fuel consumption is the quantity of fuel consumed to travel a given distance. Historically it was calculated in miles per gallon (British gallon), but today the standardized fuel consumption ratings used by Natural Resources Canada are expressed as the number of litres consumed to travel a distance of 100 km, or litres per hundred. The US EPA consumption ratings are presented in miles per gallon (US gallon). Full story...