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Investor group wants to buy Saturn, sell overseas brands

An investor group called Telesto Ventures says it wants to acquire Saturn's retail operations and provide dealers with vehicles from General Motors through 2011 and mostly overseas manufacturers thereafter. A GM spokesman said today the group's proposal is legitimate and "very interesting." "I can tell you this is one of the interested parties with Saturn, and we have been working with them throughout this process," said spokesman Steve Janisse. "There are other interested parties as well who we're working with.

Ford shifts redesigned Escape to all four-cylinder-engine lineup

Serious changes are in store for the Ford Escape SUV when the redesigned model rolls out at the Los Angeles auto show in November. To start, the boxy look is gone. Ford previewed the 2013 Escape's new look earlier this year with the Vertrek concept at the Detroit auto show.

Future products: Scion's lineup to grow

Scion was supposed to be Toyota's niche brand of fuel-efficient small cars for hip kids. But the original three-model product lineup is being expanded, so the brand's customer reach may be extended as well. Early next year, Scion will add a rebadged version of the Japan-market Toyota iQ minicar.