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Hyundai Equus price starts at $58,900

The 2011 Hyundai Equus sedan--the flagship of the Korean automaker's growing lineup--gets a base sticker price of $58,900, including shipping charges. That base price is for the Equus Signature trim level. There also is an Equus Ultimate trim that includes niceties such as reclining rear seats, an entertainment system and a refrigerator in the rear console--priced at $65,400.

General Motors to shut down Saab

General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.

Hyundai Genesis (2008): First official pictures

By Stephen Dobie First Official Pictures 16 January 2008 18:30 It’s not coming to the UK, but it doesn’t mean that Hyundai won’t crow about it. This is the Genesis, the Korean company’s latest attack on the premium brands, and designed to make us forget about previous attempts like the XG30. But concurrently it’s also because of the Genesis’ predecessors that we won’t get the new car.