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SkyTran to trial maglev two-seater transport system in Israel

California-based skyTran has signed an agreement with Israel Aerospace Industries (IAI) to build a test version of its patented maglev transport network.  The 500 meter-long demonstrator will begin operation late next year, and is designed to prove the system's potential for reducing road congestion by lifting passengers above the highway, into space that's not currently utilized. The skyTran system is a network of computer-controlled, two-person vehicles that use maglev technology. Users will request one of the system's two-seater pods to the nearest available station using a smartphone app.

Ferrari will launch first hybrid in 2013

Ferrari will offer its first gasoline-electric hybrid system in 2013. The technology will be featured in the as-yet-unnamed car that will replace the limited-edition Enzo. "We are entering the market with our Formula One-derived hybrid system, which will slash fuel consumption and increase performance," Ferrari CEO Amedeo Felisa told Automotive News Europe on the sidelines of the Beijing motor show.

Saturn has interested buyers, GM says

Saturn is attracting interest from a "few" parties that might want to acquire the brand, a General Motors spokesman said Thursday. GM has hired Steve Girsky, formerly senior auto analyst for Morgan Stanley, to help advise on any possible Saturn deals. Saturn spokesman Steve Janisse said, "There is interest from investors in doing a spinoff, and there are other entities interested in just buying it." He said he does not know whether the interested parties are other automakers.