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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.

New Toyota Yaris Facelift price & spec – costs from £10,995

New Toyota Yaris Facelift price & spec – costs from £10,995 The 2014 Toyota Yaris has been given a bit of a facelift, as we reported back in April, and now, with the new Yaris going on sale, Toyota has worked out what the Yaris will offer for your money. The cosmetic changes are most noticeable on the front with a new cross-shape nose and upper and lower grills, diffuser and new LED lights at the back and a higher quality interior. Engine choices remain the 1.0 and 1.33 petrol engines, the 1.4 D-4D diesel and, of course, the 1.5 VVT-i Hybrid, with Active and Icon treim carrying over and Sport and Excel trims added (the Yaris Hybrid can only be had with Icon and Excel trim).

Saab increase pay for Board members as Swedish Debt Office circles

Saab Meltdown gets closer It never rains, but it pours. And for Saab and Victor Muller it has been a year or more of almost unbroken storms, punctuated with just the odd ray of financial sunshine as Victor Muller combs the planet for investors to stake a claim in his chocolate teapot company. There has been no production at Saab of any consequence since April; many suppliers still remain unpaid despite substantial injections of cash from Chinese buyers; wages have not been paid and now, just to rub salt in the wound, it’s been revealed that board members received pay rises of up to 650 per cent in 2010.