saturn

General Motors said Wednesday it will shut down its Saturn brand, after negotiations with potential buyer Penske Automotive Group (PAG) collapsed. Penske, which owns more than 300 auto dealerships around the world, pulled out of the talks when it couldn't strike a deal with another manufacturer to...

General Motors Corp. (GMGMQ), the bankrupt U.S. automaker that is jettisoning brands as it reorganizes, has unloaded Saab, the Swedish car company that tried for years to make inroads into the American market. According too Reuters, Swedish television is reporting that Swedish luxury carmaker,...

General Motors Corp. (GMGMQ) is turning into corporate America's answer to the late comedian Rodney Dangerfield: it "can't get no respect." Every time North America's top automaker takes a step forward, it takes another one or two backward. Now comes word from China that experts have raised...

From a slightly higher core reading from the consumer price index to better-than-expect housing data to the Federal Reserve's Beige Book, which revealed that some of the 12 Fed regions are seeing a deceleration in the slowdown, economic news best described as "less bad" helped buoy stocks today,...

It's safe to say that 2009 is a year that will go down in the history books. A year of change. A year of challenge. And if you're one of the few car buyers out there, you may not be surprised to hear that a few well-known brands and makes will cease to exist in 2009.Desperate car-makers are...