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Penske said to be considering bid for GM's Saturn
Tue, 05 May 2009Roger 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.
Ford sales rise 40 percent, Chrysler up 61 percent as industry rebounds
Fri, 01 Oct 2010Ford Motor Co. posted a 40 percent increase in U.S. sales last month and Chrysler Group soared 61 percent as the industry showed signs of rebounding from an August slump.
More power and track bias for ultimate Megane RS
Thu, 05 Oct 2006By Phil McNamara Motor Industry 05 October 2006 01:07 Renaultsport is unleashing its most honed Megane yet – the catchily named 230 F1 Team R26. The £19,750 hot hatch is based on the track-focused 225 Cup edition, but with power bumped to 230bhp, tauter suspension and a limited slip differential to boost traction. A rasping sports exhaust and ECU tweaks boost the 2.0-litre turbo engine’s power from 225 to 230bhp.