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One Lap of the Web: Packards -- Ask the man who knows way too much about one

-- For some light Wednesday reading, here's more information than you ever wanted to know about Packard. It includes the horrible neoclassics that plagued the 1970s, and the 1995 revival of the Packard name that attempted to stick a shortened rendition of the famous Packard grille in front of a 440-hp V12, all wrapped in a shape that looked like a melted Twix, as shown above. Our august associate editor Graham Kozak owns a Packard, so he could have filled us in on the details.

Ferrari looks at layoffs, cuts back production

We guess it's not all GTOs and 458 Italias. The word out of Italy is that Ferrari is looking at cutting production and eliminating 9 percent of its workers after sister company Maserati cut engine orders. Ferrari made only about 4,500 engines for Maserati last year, compared with nearly 9,000 in 2008.

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.