Archive for the ‘Penske’ Category

Subaru will present two new concept cars at next week’s 2009 SEMA Auto Show as well as a very unique vehicle from the automaker’s past. The two concepts are based around the 2010 WRX STI and Legacy and use parts from the automaker’s in-house performance shop Subaru Performance Tuning (SPT). [Motor Authority]

Legendary Italian coachbuilder Zagato has teamed up with Ferrari to build a very exclusive run of modified 550 Barchettas. Stripping back the cars to a bare chassis, Zagato’s design team then rebuilt the cars with custom bodywork and trim. [World Car Fans]

The creator of British sports car company Caterham,...

Saturn fans are an exceptional bunch. Despite recent surveys showing brand loyalty to be a thing of the past, Saturn owners' passion for their rides is the stuff of legend -- so the fact that slowly dying Saturn recently sent "Dear John" letters to its customers seems oddly appropriate. The one-page missive has all the hallmarks of a breakup note, including the requisite "It'll be tough, but I'm sure you'll struggle through" lingo. Ordinarily, we'd write this off as GM's desperate, schmaltzy attempt to retain customers, but the tone is so right, so fitting for Saturn, it seems on-point -- possibly even poignant. Cynics, enlarge that image...

Last week the sudden breakdown of a planned supply agreement between Penske and Renault/Nissan led to Penske's cancellation of its purchase of the Saturn brand from General Motors. That, in turn, led to GM's immediate start of winding down the brand. Now a time frame for the brand's departure has emerged: four months.

That's how long GM expects it will take to sell off the remaining stock of Saturn vehicles now that production has been halted. Once the vehicles are sold off, the rest of the brand will likely be shuttered quickly, with other GM-brand dealerships taking over the service and warranty duties.

The remaining supply of Saturn...