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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.

Holden to stop making cars in Australia

Fresh from the news that General Motors (GM) will be pulling its Chevrolet brand out of mainstream markets in Europe, the automotive giant has now confirmed that its Australian subsidiary, Holden, will stop making cars Down Under by the end of 2017. It’s further bad news for GM, but even more so for the 2,900 Australian people who are set to lose their jobs as a result of the closure. And it’s a sad and disappointing end for the famous Holden marque, which can trace its history back as far as 1856.

More Lamborghini Aventador video goodness: Roman holiday

Hot on the heels of its apocalyptic drive video, the brand-new Lamborghini Aventador LP700-4 once again graces us with its presence in two new videos highlighting the sights of Rome and the Italian countryside. Not to be shown up by world-famous architecture and history, the new 700-hp $379,700 supercar casts a striking contrast against storied Italian landmarks as it shows its prowess in both city and country settings. The first video shows a spirited jaunt through Rome, where two Aventadors look perfectly at home.