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Laurenz Schaffer Appointed President of BMW Group’s DesignworksUSA

There's a game of musical chairs being played at DesignworksUSA, the BMW Group's design consultancy subsidiary. Starting December 1 this year, two key executives will be taking on new roles within the design consultancy, while the company's current President will be moving on to a new position within BMW Group Design. The first appointment is that of Laurenz Schaffer, currently Director of the Munich studio of BMW Group DesignworksUSA.

Muscle-car icons immortalized in new postal-stamp set

Perhaps sensing that it's at risk of going the way of the carbureted big-block and leaded gasoline, the United States Postal Service is apparently willing to try anything to boost its bottom line. Though we're sure its recently announced line of postal worker-inspired apparel will be a runaway (and runway) success, we're glad to see the USPS reaching out to the automotive-enthusiast community with a new set of limited-edition stamps that commemorate the American muscle car. We told you about the stamps earlier this year, but we can now confirm the lineup.

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.