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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.

F1 drivers supporting Schumacher

F1 DRIVERS from around the world have wished Michael Schumacher a full recovery as he lies in a coma after a skiing accident in France. Martin Brundle, who was Schumacher's team-mate at Benetton in 1992 and 1993, tweeted: "Let's hope Michael Schumacher's ski shunt is not too bad and that he's totally fixable. He's a crazy brave skydiving/bike racing daredevil." Hours later, when the full extent of Schumacher's injuries had become clear, he urged: "Come on Michael, give us one of those race stints at pure qualifying pace to win through, like you used to.

Chrysler to release 30th Anniversary Edition minivans

This year has seen quite a few important automotive milestones. Aston Martin celebrated its centennial, and the Porsche 911 turned 50, as did the Lotus Elan. Even Cunningham had a milestone to celebrate, with the marque founded by Briggs Cunningham turning 60.