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.
Jaguar is expected to add a sports car based on the C-X16 concept shown in September at the Frankfurt auto show. Executives said the car is nearly ready for production. Work also is under way on a compact sedan but that car is a few years away from production, Jaguar officials said.
Two years ago we reported that Volvo were testing a clever hybrid Flywheel KERS system for road cars and hoped it would prove to be a good way to make road cars more economical. And it seems it does. The Hybrid Flywheel KERS system Volvo has developed weighs only 6kg, has a diameter of just 20cm, is made of carbon fibre, sits in a vacuum and is located on the back axle and works by recovering energy under braking which is then stored for use when the car moves off.