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Rare foreign cars head to Carlisle this weekend

Every spring, Carlisle, Pa., (otherwise known as the Woodstock of the classic-car hobby, a title it now fully shares with Hershey) hosts a weekend event just for foreign cars. Last year, over 1,000 cars gathered in central Pennsylvania, with rare foreign machinery making its way from all over the lower 50 and parts of Canada. The longest-traveled cars we spotted last year wore British Columbia plates, which should give you a clue as to the event's following, though we're still unsure which cars we spent the longest time gawking at.

Investor group wants to buy Saturn, sell overseas brands

An investor group called Telesto Ventures says it wants to acquire Saturn's retail operations and provide dealers with vehicles from General Motors through 2011 and mostly overseas manufacturers thereafter. A GM spokesman said today the group's proposal is legitimate and "very interesting." "I can tell you this is one of the interested parties with Saturn, and we have been working with them throughout this process," said spokesman Steve Janisse. "There are other interested parties as well who we're working with.

Saab on the road to independence

You’ve got to feel for Scandinavian car makers Saab and Volvo. Both swallowed up by big US car makers, and both now being abandoned in a vulnerable position after years of integrating their once independent products in to their parents infrastructure, they must wake up every day wondering if this is the day it all goes bang. Ford is simply trying (increasingly desperately) to off-load Volvo, but GM, which is in a much more precarious position than Ford, has now abandoned its Swedish child in a desperate attempt to appease Congress and survive.