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Hyundai reveals new 1.6 litre turbo petrol and 2.0 litre diesel engines

Will the Hyundai Veloster (pictured) get Hyundai's new engines? When we reported prices and specs last week for the new Hyundai Veloster, we were suitably impressed at what was on offer, with one exception – the engine. We’d been hoping for a little more oomph from the successor to the very good Hyundai Coupe, and we were a little disappointed that the only engine on offer was a 138bhp diesel.

Fiat to make Chryslers at former Bertone plant

Fiat will produce Chryslers at a recently acquired former Carrozzeria Bertone plant in Italy, Fiat and Chrysler CEO Sergio Marchionne said. Marchionne, who said that Chrysler's new, five-year post-bankruptcy business plan will be released in November, declined to reveal what cars will be built at the plant, in Grugliasco, near Turin, or when production will start. Sources in Turin said the factory could resume production in late 2011.

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.