According to the Wall Street Journal, Chinese car sales are now decreasing because of the way they copycat and the people not wanting them. Whereas foreign car firms are getting more sales growth in the Chinese market than the Chinese firms are doing.

The People's Republic of China has the largest car industry in the world with approx. 18 million vehicles being built in 2010. Until 2005, the American car industry (Ford, Chrysler and GM) was the largest before being beaten by the Japanese in 2006 and the Chinese in 2009.

According to the Wall Street Journal:

STOCKHOLM—Bankrupt Swedish car maker Saab Automobile AB left behind debts of $2 billion backed by assets of just $500 million, which suggests creditors are unlikely to get much of their money back.

The official receivers in charge of liquidating the 61-year-old auto maker said on Tuesday that 11.3 billion kronor of the company's 13 billion kronor debt was held by Saab Automobile and the remainder held by subsidiaries Saab Automobile Tools and Saab Automobile Powertrain.

Hyundai has now confirmed that an estate version called Hyundai Elantra Touring in North America and Hyundai i30CW in the rest of the world will be released in Europe in the summer. It measures 4.48 metres long. It has a boot capacity of 528 litres and will have 2 diesel engines and 2 petrol engines.

According to Wikipedia:

Ford has introduced an small MPV based on the current Ford Fiesta, to replace the European market Ford Fusion (unrelated to the model sold in North America and South America), and measuring 4.06 metres (159 inches).

The range consists 4 petrol engines: two 1.0 litre engines developing 100HP and 120HP, a 1.4 litre engine with 90HP and a 1.6 litre engine with 105HP.

It also consists 2 diesel engines: A 1.5 litre diesel engine with 75HP and a 1.6 litre diesel engine with 96HP.

Kia has now revealed the K9 saloon car. However, I don't think, the K9 nameplate would be used outside South Korea, due to the Kia K5 and K7 being known as the Optima and Cadenza respectively outside South Korea. The car is more than 5 metres (196 inches) long. It will only be sold with a 3.3 litre V6 petrol (GDI=Gasoline Direct Injection) engine with 300HP and in Europe, the car will be the only executive model to have 7-year Guarantee (Waranty), as opposed to Kia's 10-year (100,000 mile) Waranty in the US and Kia's 5-year Waranty in Canada.

Rich people get access to things the rest of us cannot afford to dream of. One thing a lot of people can't get is a totally personalized Ferrari. Eric Clapton recently acquired one, a custom-built 458 Italia, which is now an internet sensation. Source: Eric Clapton commissions custom Ferrari 458

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According to Wikipedia and a Swedish website, Tata has denied its buyout of Saab.

Alfa Romeo had announced last year of a new Alfa Romeo Spider for 2014, as part of their return to the North American car market.

The Honda Micro-Computer is a small microcar that measures 2.5 metres (98.4 inches / 8.2 feet) long and has 2 electric engines developing 22 HP. Its 0-100 km/h (62 mph) is 7.4 seconds and has a driving range of 60 kilometres (37 miles). It has space for 3 adults.