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Saturn alerts customers it is considering a spinoff

Saturn has begun alerting customers that it may be spun off by General Motors as an independent marketing and distribution company. In a letter sent to about 1.5 million Saturn owners Wednesday night, Saturn said it would have to line up products to sell--either from other manufacturers or from GM in the role of a vendor--after GM's current commitment to build Saturn products ends after the 2012 model year. "The Saturn Distribution Corporation already exists as an indirect subsidiary of GM," wrote Jill Lajdziak, general manager of Saturn, in the letter.

BMW axes B-class rival

By Georg Kacher Motor Industry 07 August 2006 09:26 BMW has put on ice plans for a mini-MPV based on the 3-series, to rival the Mercedes B-class. Instead, it will focus on a bigger, Mercedes R-class challenger, due in 2009. 'Originally, we looked at two different space-functional concepts: one was based on the 3-series, the other one on the 5-series,' said a source.

Ssangyong Motor unveils new Design Center at Pyeongtaek plant

Ssangyong has opened a new Design Center at its Pyeongtaek plant in South Korea. The new Design Center, which took 13 months to complete, has been opened to further integrate research and development into the company during the production process with the aim of "enabling synergies in diverse fields throughout the development process". Ssangyong designers will now be working in a facility spanning around 8,700 square meters compared to their previous building of just over 6,000 square meters in Anseong.