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Saturn alerts customers it is considering a spinoff

Saturn has begun alerting customers that it may be spun off by General Motors as an independent marketing and distribution company. In a letter sent to about 1.5 million Saturn owners Wednesday night, Saturn said it would have to line up products to sell--either from other manufacturers or from GM in the role of a vendor--after GM's current commitment to build Saturn products ends after the 2012 model year. "The Saturn Distribution Corporation already exists as an indirect subsidiary of GM," wrote Jill Lajdziak, general manager of Saturn, in the letter.

Tesla touts top sales at Detroit auto show

Tesla credits the "exceptional cold weather performance" of its Model S for 20 percent-higher-than-expected Q4 sales of 6,900 units, bringing total Model S sales worldwide to 25,000 so far. In fact, Tesla says its sedan does so well in the snow that the rear wheels are the only ones that need any torque. "This car performs outstandingly in winter conditions," said Tesla vp of vehicle engineering Chris Porritt in a video released the day of the Detroit Auto Show.

Enzo Ferrari biopic back on track

Fans of Enzo Ferrari and the company he founded could finally get the film they have wanted: A film company is getting closer to putting the long-delayed biopic into production, Variety reports. LA-based Cecchi Gori Pictures is said to be in talks with a well-known American director to helm the film, based on a script by Troy Kennedy Martin and David Rayfield. The script and the film project have been in gestation for years, but the project had been plagued by delays.