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Penske said to be considering bid for GM's Saturn

Roger Penske is considering a bid for General Motors' Saturn brand, a source familiar with the auto entrepreneur's plans said today. Penske is studying the issue but has made no proposals, said the source, who spoke on condition of anonymity. Penske, whose Penske Automotive Group dealership chain distributes Daimler AG's Smart microcars in the United States, is the second entity known to have an interest in Saturn.

First Chinese MGs built

By Jack Carfrae Motor Industry 27 March 2007 02:17 Today is an historic day for Nanjing Automotive as the first MG built outside Longbridge will leave the production line at Nanjing’s factory in China. Around 1000 visitors are gathering at the plant to join in with the celebrations, where the new, Chinese-built MGs will be on display (above). The first cars off the production lines are the MG TF and the MG 7, which Brits will remember as the MG ZT.

Honda Vezel crossover arrives at the Tokyo motor show

For the record, Vezel rhymes with "bezel," and it's the name of Honda's long suspected Fit-based crossover. Honda showed off the new Vezel hybrid model at the Tokyo motor show, though the production model set to launch in Japan in December will also be available with a straight-gasoline 1.5-liter direct-injected engine also. Other details are still slim, but the company did claim a "Sport Hybrid i-DCD" powertrain will get a stronger engine and most likely a dual-clutch transmission with integrated electric motor.