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Renault says Saturn supply deal ‘just didn't add up'

In the eleventh hour of Roger Penske's venture to acquire Saturn from General Motors Co. to keep the brand alive, Renault's executive committee in France concluded, “Ca fait deux.” Rough translation: “It's not going to come together.” Despite Penske's statements that his organization had been in discussions with automakers around the world, ultimately his hopes had been pinned on only one: Renault SA. Penske and Renault CEO Carlos Ghosn are friends and talk frequently.

Tesla Model S: First customer cars in June

Tesla Model S - deliveries start in June Tesla Motors will deliver the first customer Tesla Model S cars to customer in the US in June as Tesla finally hits the make or break point. The Tesla Model S has been a long time coming, but Tesla now say that the first Model S cars will start to arrive with customers in the US in June, slightly ahead of schedule – which must be a first for Tesla. The first 1,000 deliveries will be of the range-topping Signature Series cars which come with the big 85kWh battery pack and lots of toys and cosmetic embellishments, but after that it’s regular Model S deliveries, although the cheaper versions with smaller battery packs and lower range won’t arrive until later.

Chrysler wants to start with 165 Fiat dealerships in the United States

Chrysler Group dealers who initially get Fiat franchises will be expected to start with small showrooms--2,500-3,000 square feet--enough to display three or four cars. Such a small showroom will be sufficient to sell the Fiat 500 minicar, which will arrive in dealerships at the end of this year. Chrysler expects to initially name 165 dealers in 119 U.S.