Saturn has interested buyers, GM says

Saturn is attracting interest from a "few" parties that might want to acquire the brand, a General Motors spokesman said Thursday. GM has hired Steve Girsky, formerly senior auto analyst for Morgan Stanley, to help advise on any possible Saturn deals. Saturn spokesman Steve Janisse said, "There is interest from investors in doing a spinoff, and there are other entities interested in just buying it." He said he does not know whether the interested parties are other automakers.

Toyota to pay $32.4 million U.S. fine over timing of recalls

Toyota Motor Corp. agreed on Monday to pay two more safety fines for a total of $32.4 million, the maximum allowable under U.S. law, to settle federal investigations of whether the company notified regulators of safety defects in timely fashion.

Marcello Gandini laments today's 'fake' concepts

Marcello Gandini has branded current concept cars fakes and "little more than maquettes" in an interview about Bertone's extensive concept car history. The enigmatic designer, whose work with the design house stretches back to the late ‘60s, expressed his dislike of today's "fiberglass cars" and claims they can't hold a candle to the well-built concepts of old. He praises Nuccio Bertone's vision and his insistence on producing fully working, "almost driveable" concepts throughout the coachbuilder's existence.