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Investor group wants to buy Saturn, sell overseas brands

An investor group called Telesto Ventures says it wants to acquire Saturn's retail operations and provide dealers with vehicles from General Motors through 2011 and mostly overseas manufacturers thereafter. A GM spokesman said today the group's proposal is legitimate and "very interesting." "I can tell you this is one of the interested parties with Saturn, and we have been working with them throughout this process," said spokesman Steve Janisse. "There are other interested parties as well who we're working with.

LA Motor Show: New Subaru WRX gets downsized engine

SUBARU has revealed a production-ready version of the WRX concept first seen earlier this year. The latest edition of the performance saloon may not be coming to the UK at all, but Subaru has finally given the 268bhp machine the go-ahead for Japan and North America. A new 2.0-litre ‘boxer’ engine carries on the brand’s tradition, bringing with it the same low centre of gravity as the old 2.5-litre unit but with greater environmental credentials.

SEAT IBZ Concept – Frankfurt catchup

SEAT IBX Concept - next year's SEAT Ibiza Sport Tourer SEAT does love a concept – especially a nice Blue one with a cream coloured interior – and they didn’t disappoint at Frankfurt. Take the badges and a bit of the detail off the IBZ and you could easily have been looking at an Alfa. And when it looks this good how did we miss it?