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Saturn done in four months

General Motors Co. has halted production of Saturn cars and crossovers and plans to sell the thousands of Saturn vehicles it has in stock within the next four months. Many of the vehicles were built to supply to Penske Automotive Group Inc.

Hyundai plots UK imports of Genesis Coupe

By Ben Whitworth Motor Industry 17 August 2008 17:49 Spurred on by massive interest in its Genesis Coupe Concept at the British International Motor Show, Hyundai UK is seriously considering importing a small number of the muscular 306bhp V6-engined coupes in left-hand drive format to sate local demand. At the moment, test engineers from Hyundai’s UK headquarters are undertaking evaluation drives in the American and Korean versions of the Genesis Coupe to determine which models are best suited to the UK’s driving conditions, and studying the homologation issues such a import decision would raise. 'We took the Genesis Coupe to the Show in order to gauge reaction from an enthusiast audience - the response was overwhelmingly positive and has encouraged us to begin building a business plan around bringing this car to the UK,' Hyundai’s marketing director Andrew Cullis told CAR.

Saab finds a buyer

Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.