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Renault says Saturn supply deal ‘just didn't add up'

In the eleventh hour of Roger Penske's venture to acquire Saturn from General Motors Co. to keep the brand alive, Renault's executive committee in France concluded, “Ca fait deux.” Rough translation: “It's not going to come together.” Despite Penske's statements that his organization had been in discussions with automakers around the world, ultimately his hopes had been pinned on only one: Renault SA. Penske and Renault CEO Carlos Ghosn are friends and talk frequently.

Porsche Cayman Edition 1 (2007): first official pictures

By Ben Whitworth First Official Pictures 14 August 2007 04:00 So, black is the new black at Porsche. So it seems. This is the new Cayman S Porsche Design Edition 1, a special run of 777 all-black Cayman models – based on the 3.4-litre 295bhp Cayman S.

Qvale, nearing 90, sees life after crash for U.S. industry

The troubles roiling Detroit's automakers are familiar to Kjell Qvale, the legendary importer and dealer in San Francisco. Qvale, who turns 90 on July 17, has seen this movie before. For instance, many of the British automakers that Kjell Qvale (shel kah-VAH'-lee) depended on for sports and luxury cars collapsed in the 1970s.