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Saturn has interested buyers, GM says

Saturn is attracting interest from a "few" parties that might want to acquire the brand, a General Motors spokesman said Thursday. GM has hired Steve Girsky, formerly senior auto analyst for Morgan Stanley, to help advise on any possible Saturn deals. Saturn spokesman Steve Janisse said, "There is interest from investors in doing a spinoff, and there are other entities interested in just buying it." He said he does not know whether the interested parties are other automakers.

Chrysler is set to invest $500 million in Toledo Jeep assembly plant

Chrysler Group plans to invest $500 million in its Toledo North Assembly Plant and hire a second shift of workers over the next year to build a new Fiat-based SUV for Jeep, as well as other vehicles. "This plant has been chosen to build the future Jeep SUV to replace the current Jeep Liberty that will be exported to markets all over the world," CEO Sergio Marchionne said at the plant Wednesday. "Jeep is at the heart of our plans to internationalize Chrysler, a process which is being accelerated by Chrysler's access to Fiat's distribution capabilities in Europe and Latin America." Toledo North is Chrysler's only assembly plant with only one shift of workers.

Jaguar SUV/Crossover – Jaguar C-X17 Concept teased for Frankfurt

The Jaguar C-X17 Concept (pictured) teased for Frankfurt We’ve been pretty sure for some time that a Jaguar SUV Concept (or, really, a Jaguar Crossover Concept) will arrive at the Frankfurt Motor Show this month. And so it is. The Jaguar C-X17 Concept is being teased today, and it’s clear this is Jaguar’s new, small Crossover aiming to take a much bigger slice of the world’s premium market than anything else currently in the Jaguar range.