General Motors, the US based automaker, has inked a last minute deal to save its Saab brand by selling it to Dutch firm Spyker. Without disclosing the financial details of the deal, GM said in a statement that it has sold its money losing Swedish brand Saab to Spyker.

General Motors Corp (GM), ths US based automaker, is planning to enter the electric motors business. The company said that it is planning to make electric motors for hybrid and electric vehicles from the year 2013 onwards.

Details of the upcoming 2011 BMW 335is has been leaked on the Net, post Detroit Auto Show. There would be two models of the car - a coupe and a convertible.