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    BREAKING: GM announces Hummer sale cannot be concluded, brand to be wound down     1267042560

    Although it has been evident for some time that General Motors' sale of its Hummer brand to Sichuan Tengzhong Heavy Industrial Machines Co., Ltd., we didn't expect for word to come down today that the negotiations are dead and the brand will be wound down. Unfortunately, judging by a press ...

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    REPORT: Swedish government to meet with GM officials - could Saab still be saved?     1261255800

    Saab 9-5 - Click above for high-res image gallery
    Less than a day after General Motors officially announced Saab's euthanization, it looks like the storied Swedish brand might still have the faintest whisper of a pulse. Motor Trend is reporting that there are rumors swirling that the Swedish ...

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    Koenigsegg reportedly rejects 81 out of 218 U.S. Saab dealers     1258140480

    2010 Saab 9-5 - Click above for high-res image gallery
    According to Automotive News, Federal Express letters arrived at 81 of Saab's 218 dealers on Thursday stating that their franchises had not been selected to move forward and become a dealer for the post-sale entity, Saab Cars North America. ...

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    REPORT: Opel's 'preferred' buyer(s) expected to be named mid-week     1243335480

    It looks like the German government is about to announce its list of preferred bidders for Opel this week, and the list is likely to include Fiat and Magna. Why would this list be coming from Chancellor Angela Merkel's spokesman and not, say, GM? Because the German government will have to step in ...

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