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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.

Chevrolet reveals more details of Camaro ZL1

The 2012 Chevrolet Camaro ZL1 will not be anywhere near as rare as its 1969 namesake when it arrives during the first quarter of next year, but the most powerful production Camaro to date should deliver performance easily worthy of its model designation. Camaro engineers on Thursday offered media members a preview of the upcoming Ford Mustang Shelby GT500 fighter, and the tale of the tape is impressive, especially in terms of grunt. The 6.2-liter supercharged LSA V8 will make 580 hp at 6,000 rpm and 556 lb-ft of torque at 4,200 rpm, besting Chevy's original targets for the engine's output and bettering its efficiency in the Cadillac CTS-V by 24 hp and 5 lb-ft.

New Jeep Cherokee revealed

The 2014 Jeep Cherokee – a replacement for the Jeep Liberty – has been revealed ahead of a debut at the 2013 New York Auto Show in April. So when Jalopnik published some less than good looking photos of the new Jeep Cherokee yesterday, the PR machine at Jeep went in to overdrive to bring forward the release of official photos of the new Cherokee, to hopefully stem the less than flattering comments on the new Cherokee’s looks. So here we have Jeep’s new, smaller SUV come crossover in all its glory.