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Saturn has interested buyers, GM says
Fri, 06 Mar 2009Saturn 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.
Autoweek in review: Sergio Pininfarina dies; ZL1 and GT500 hit the drag strip
Fri, 06 Jul 2012The automotive world lost one of its most influential figures this week. Sergio Pininfarina, longtime chairman of his family's Italian design firm, died on July 2 after an undisclosed illness. He was 85 years old.
CES shows strong signs of health in 2010
Fri, 08 Jan 2010Like much of the rest of the economy last year, the consumer electronics industry had a tough time in 2009. Who wants to buy an iPod when you just lost your job? As a result, the industry finished the last 12 months with its first loss in 20 years.