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AMG recounts its history in new video

The Mercedes-Benz SLS AMG roadster is just the latest in a long line of pumped-up rides from AMG. The company has been putting wrenches to Mercedes-Benz engines since 1967, when Hans-Werner Aufrecht ("A") went into business with Erhard Melcher ("M") and founded AMG. The "G" is for Grossapach, Germany, the birthplace of Aufrecht.

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.

General Motors reshuffles Executive Design leadership team

General Motors will be changing its Executive Design leadership team around in the coming months to accelerate global product development. The announcement came on the heels of news regarding the giant automaker being surpassed by rival Toyota in global sales. In an effort to bring itself out of the red, the company is reshuffling its design team in several areas.