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Investor group wants to buy Saturn, sell overseas brands

An investor group called Telesto Ventures says it wants to acquire Saturn's retail operations and provide dealers with vehicles from General Motors through 2011 and mostly overseas manufacturers thereafter. A GM spokesman said today the group's proposal is legitimate and "very interesting." "I can tell you this is one of the interested parties with Saturn, and we have been working with them throughout this process," said spokesman Steve Janisse. "There are other interested parties as well who we're working with.

CES: New cars and communists

The first day of the 2012 Consumer Electronics Show featured one new Ford, two new Kias and a plug for communism from the head of Mercedes-Benz. So, yeah, it was an eventful first day. After its new 2013 Fusion plug-in hybrid was named Car of the Show--following previous such distinctions for the Focus electric and the Taurus--Ford CEO Alan Mulally pulled the cover off the Fusion Energi plug-in hybrid in Las Vegas on Tuesday.

Seat Ibiza SportCoupe sneak preview

By Phil McNamara Motor Industry 06 June 2008 14:56 Seat will launch its sexy Ibiza SportCoupe at the July 2008 London motor show, but CAR was granted a sneak preview yesterday. Unlike many three-door variants, the SportCoupe is no 5-minus-2-door, jokes Luc Donckerwolke. Seat’s head of design was the driving force behind the differentiated models.