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Penske said to be considering bid for GM's Saturn
Tue, 05 May 2009Roger 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.
MG Zero Concept at Beijing
Sat, 24 Apr 2010The MG Zero Concept has been revealed at the Beijing Motor Show It’s good to see a new MG. True, it may not be everyone’s idea of where MG should be, but at least Morris Garages lives to die another day and stays alive as a marque, which is more than you can say for Riley or Hillman or Humber or Triumph or Rover or Austin or Morris or Alvis or… What this may be is the MG2 we snapped being loaded on to a trailer in China a few weeks ago, but there is so little detail from MG in the press release on the MG Zero concept they might just as well not have bothered. If we’re going to get treated to a new MG – concept or not – it would sort of help if we got some detail.
Toyota to build Corollas at revived Mississippi plant starting in late 2011
Thu, 17 Jun 2010Toyota will resume construction on its mothballed plant in Mississippi and begin producing the Corolla there late next year. “We first needed to fully utilize our existing facilities as the economy slowed,” Yoshimi Inaba, president of Toyota Motor North America, said in a statement Thursday. “Now it's time to fulfill Toyota's promise in Mississippi.” The automaker said it will hire 2,000 workers “soon.” Corolla output would mark another shift for the project.