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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.

Toyota recalls another 2.17 million U.S. vehicles

Toyota Motor Corp. said Thursday it will recall 2.17 million Toyota and Lexus vehicles in the United States to inspect and repair accelerator pedals that may get trapped in floor mats or carpeting. The automaker said more than half of the recalled vehicles--1.54 million units--are being added to a giant 2009 recall to inspect and repair accelerator pedals that may get trapped in floor mats.

Saab steps up green drive

By Mark Walton Motor Shows 03 June 2007 01:58 Saab goes bio-power crazy Saab is celebrating its 60th anniversary this year with a further push into the very topical biofuels arena, and Geneva showcases two new examples of the Swedes' growing green commitment. First is the new 9-3 Biopower, a full range of saloon, estate and convertible 9-3s, all powered by a 1.8-litre turbocharged engine that's been modified to run on both unleaded and E85 (85 percent ethanol, 15 percent petrol). The mechanical changes include hardened valves and valve seats, and a new stainless steel fuel tank and ancilliaries, adding up to what's expected to be a £600 premium in the showroom over the standard 9-3.