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Renault says Saturn supply deal ‘just didn't add up'

In the eleventh hour of Roger Penske's venture to acquire Saturn from General Motors Co. to keep the brand alive, Renault's executive committee in France concluded, “Ca fait deux.” Rough translation: “It's not going to come together.” Despite Penske's statements that his organization had been in discussions with automakers around the world, ultimately his hopes had been pinned on only one: Renault SA. Penske and Renault CEO Carlos Ghosn are friends and talk frequently.

Toyota recalls 2003 Sequoia for stability-control problem

Toyota is recalling thousands of the 2003 Sequoia SUV to repair a potential stability-control problem, the company announced on Wednesday. The recall covers 50,000 of the SUVs produced early in the 2003 model year. The problem is the stability control could activate at too slow of a speed (about 9 mph), limiting the ability of the Sequoia to accelerate.

Mini launches 'Inspired by Goodwood'

Mini has just held a launch party in Germany for the new ‘Mini inspired by Goodwood'. Unveiled at Pavillon 21 Mini Opera Space, a temporary mobile performance venue located on the Marstallplatz in Munich, the new trim level was developed by designers working in both the Mini and Rolls-Royce design studios. Finished in a cornsilk beige hue (a color typical of Roll-Royce interiors), the Mini Inspired by Goodwood's cabin exudes an air of sophistication found on premium, luxury products – right down to the lamb's wool carpeting.