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Dodge Viper operations draw limited interest

Chrysler LLC's Viper sports car business has drawn only limited interest from buyers, according to court statements filed in connection with the automaker's bankruptcy hearing. Chrysler recently offered to sell the entire Conner Avenue plant in Detroit, which builds the Dodge Viper sports car, for $10 million, Chrysler Chairman Bob Nardelli said in a statement. "We received no purchaser interest," he said.

Concept Car of the Week: Mitsubishi HSR (1987)

In 1987, Mitsubishi initiated a range of concept cars called HSR (High Speed Research) with the intention of creating a futuristic vision for the brand combining advanced technology, efficient power and aerodynamic design. The first concept car was designed for safely cruising on the motorway at very high speed, thanks to cutting edge electronics. The car's internal computers measured speed, weather, driver input and grip, and adjusted the 4-wheel drive system and the 4-wheel steering automatically.

Penske Automotive will buy Saturn from GM

IndyCar team owner and Detroit businessman Roger Penske has an agreement with General Motors to buy the Saturn brand, it was announced Friday. The proposed deal could close in the third quarter, and GM would continue to build the Saturn Aura, the Vue and the Outlook on a contract basis for Penske Automotive Group, which is the nation