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Penske said to be considering bid for GM's Saturn

Roger Penske is considering a bid for General Motors' Saturn brand, a source familiar with the auto entrepreneur's plans said today. Penske is studying the issue but has made no proposals, said the source, who spoke on condition of anonymity. Penske, whose Penske Automotive Group dealership chain distributes Daimler AG's Smart microcars in the United States, is the second entity known to have an interest in Saturn.

Alan Mulally joins ‘Innovation power panel’ Keynote at CES

An ‘Innovation Power Panel' Keynote was the highlight of the second full morning of the 2012 Consumer Electronics Show (CES) in Las Vegas. Underlining the importance of this event to the automotive industry, and the importance and weight the automotive field now carries in the consumer electronics sphere, Alan Mulally – President and CEO of Ford motor company – was part of a three-person panel exploring how companies innovate, cope with failure and the relentless pace of change in the electronics world. Mulally was joined by Ursula Burns, Chairman and CEO of Xerox Corporation and John Stratto, Enterprise Executive at Verizon, the US telecoms company.

Lexus LF-Ch – Official release ahead of Frankfurt

Official pictures of the Lexus LF-Ch premium Hybrid Well, Lexus didn’t really have much choice after their new baby – the Lexus LF-Ch – leaked like a sieve from every outlet at Lexus. First we had a leaked front shot of the LF-CH, followed soon after by a leak of the full set or release pictures. So, pragmatically, Lexus has bitten the bullet and sent us all the details.