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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.

Porsche Cayman Black Edition revealed

Porsche has revealed its latest limited-run sports car: the Cayman S Black Edition. Created as a send-off for the current Cayman lineup, which is set to be replaced within the next 12 months, the coupe is planned to go on sale in July with a more powerful engine, a larger wheel-and-tire package and greater standard-equipment levels than those of the existing Cayman S. Taking a page from Henry Ford, the Cayman S Black Edition is available in any color you like--as long as it's black Inside, the Porsche gets black trims, black sport seats, a sport steering wheel, darkened instrument graphics, stainless-steel scuff plates with “Black Edition” inscriptions and a commemorative badge identifying it as one of a limited build of 500 units.

Jaguar adds AWD, new four- and six-cylinder engines to 2013 lineup

Jaguar is offering the option of all-wheel drive on the XF and XJ sedans for 2013 models, and adds supercharged four- and six-cylinder engines to the XF. Also, all automatic XF and XJ sedans will use a new eight-speed transmission from German supplier ZF, as Jaguar looks to boost the fuel economy of its vehicles. Powertrains get the most significant changes for Jaguar in the 2013 model year.