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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.

Samsung SM5

Samsung Motors, the Korean subsidiary of Renault-Nissan Alliance, recently released the newly-redesigned SM5 sedan for the Korean domestic market. Based on the Nissan Teana, the SM5 is the second best-selling vehicle in Korea's D1 segment, ceding the top spot to Hyundai's Sonata. The most significant change to the exterior design is visible around the front bumper region, where the strong 'chin' (lower section of bumper volume) displays both solid and aggressive styling cues when viewed from the front.

Honda expands recall on airbag inflator

Honda has expanded a previously announced recall for airbag problems of certain 2001 through 2003 model year Honda and Acura vehicles. The recall now includes vehicles that may have had the original driver's airbag module replaced with a service part. The replacement airbag inflators could deploy with too much pressure, causing the airbag to rip, resulting in injury or death, according to Honda.