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Penske said to be considering bid for GM's Saturn

Roger Penske is considering a bid for General Motors' Saturn brand, a source familiar with the auto entrepreneur's plans said today. Penske is studying the issue but has made no proposals, said the source, who spoke on condition of anonymity. Penske, whose Penske Automotive Group dealership chain distributes Daimler AG's Smart microcars in the United States, is the second entity known to have an interest in Saturn.

Ford Evos concept car (2011) news and pictures

Ford launched its new Evos concept as no less than its new global design direction at a pre-Frankfurt show event in Berlin yesterday. Pay attention to the new Evos - it sets a blueprint for life after the Kinetic design language that has shaped Fords for the past few years. All its design big guns were in attendance to reinforce the Evos’s worldwide significance from overall design chief J Mays to his two regional executive design directors, Martin Smith and Moray Callum.

Pininfarina to close manufacturing operations

Italian design and manufacturing house Pininfarina S.p.A announced it will be cutting back its operations, with the closure of its manufacturing facilities. The decision will see the brand now focusing solely on design and engineering aspects for the automotive industry. The move follows the recent completion of a partnership with Volvo, which saw the production of the C70 convertible at Pininfarina's Sverige AB plant in Uddevalla.