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Penske said to be considering bid for GM's Saturn

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.

Volvo's autonomous car is boring enough to work

Volvo is a bit of an enigma. The Chinese-owned Swedish automaker releases a stunning concept from time to time, and we're often pleasantly surprised by the Volvos that enter out test fleet, but it hasn't done much to generate sales numbers -- or buzz -- in the North American market. Maybe that's because Volvo is too busy looking down the road to focus on selling cars now.

Ferrari Enzo successor to make 920 hp

About a decade and a half after Porsche eschewed its lightness-and-small-displacement strategy and built a five-liter sports racer to take down Ferrari at Le Mans, a different sort of war kicked off between the two marques: a battle for supremacy in the super-supercar market. In 1984, Ferrari built a radically modified twin-turbo 308 GTB with an eye toward Group B road-racing rules. Porsche countered the resultant 288 GTO with the mighty 959, which launched at about the same time as the 288's successor, the practically skeletal and infinitely loopier F40.