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Penske Automotive will buy Saturn from GM

IndyCar team owner and Detroit businessman Roger Penske has an agreement with General Motors to buy the Saturn brand, it was announced Friday. The proposed deal could close in the third quarter, and GM would continue to build the Saturn Aura, the Vue and the Outlook on a contract basis for Penske Automotive Group, which is the nation

Saab targets customers' hearts, brains and wallets in North America

Saab executives said they're optimistic the struggling brand will be able to attract customers despite production stoppages at the company's Trollhaettan, Sweden, plant and cash flow problems. The Swedish automaker aims to target consumers and instill confidence with a grass-roots marketing campaign that focuses on the "heart, brain and wallet," Saab Cars North America President Tim Colbeck told reporters at Saab's North American headquarters in suburban Detroit on Thursday. Colbeck said the company must move away from selling vehicles based on price and focus more on making customers enthusiastic about driving Saab's vehicles.

Opel/Vauxhall Cascada [w/gallery]

The Opel/Vauxhall Cascada effectively replaces the Astra Twin Top, but attempts to move the model upmarket as a separate product line. It has moved up a size to reflect its prestige aspirations: at 4,697 mm long and 1,840 mm wide, it's longer than an Audi A5. Like many of the latest generation of convertibles, the Cascada ditches a folding solid hardtop in favor of a lighter, more space-efficient and cheaper soft fabric set-up.