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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.

Geneva Show 2014: Renegade Is Anything But Rough And Ready

DON’T be put off by the size of Jeep’s latest offering, as its new Renegade might be small but it’s claimed to be just as capable as its larger stablemates. With Jeep now part of the Fiat family, it’s no surprise to learn that the Renegade is based on the Italian firm’s 500L. The diminutive Renegade is, however, expected to remain true to the Jeep brand thanks to off-road versions complete with all-wheel drive, skid plates and raised ride height.

Jaguar Land Rover to build new £400m Engine Plant in Wolverhampton

New JLR Engine Plant to be built in Wolverhampton Update 19th September: Jaguar has now confirmed our story, although the cost is expected to be £335 million and the number of new jobs 750. We’d guess the 2,00 jobs we quoted in the original story includes jobs created in the supply chain. Work is expected to start on the new engine plant in early 2012.