Cars / GM and Penske announce tentative deal for purchase of SaturnSaturn has become the third General Motors brand to find a buyer after Opel and HUMMER. The Penske Automotive Group (PAG) headed by Detroit business tycoon Roger Penske is the successful bidder that outdid 15 others in the race to acquire the 24 year-old brand. This is a 100% ownership deal for PAG.GM will continue supplying vehicles like the Aura and the Outlook for the next two years while the PAG finalises manufacturing agreements with another company other than GM. Penske said he hoped that a worldwide partner would take over the building baton off the hands of GM. The situation is not ideal at the moment since the two companies are now effectively in competition. "We are bringing together two icons: the Saturn brand and the Penske organisation," said Jill Lajdziak, Saturn's general manager. "When completed, this deal will save more than 350 dealerships and over 13,000 jobs in the United States." PAG has the second-largest dealer network in the US. The company is also the sole distributor of the Smart car in the country. As for the question of exactly who is Roger Penske, well, in a nutshell he has numerous interests in automotive and motorsports related companies, but he is the guy who brought back to life companies like Detroit Diesel Corp and Hertz Truck Leasing. Making Saturn work could be a different proposition altogether. Last year it sold just 188,000 vehicles, down 27% on 2007 figures |
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Review of news on the market of cars becomes more incredible every month.Here is a short description of greatest series production cars of last time. The first member of rate is Astrum Meera is a new concept proposal conceived. Design of car possesses several features that tap into the role of safety, sustainability and practicality. The exhaust of the car has built-in sensors whose purpose is to track the level of CO2 emissions, alerting the driver when they exceed the normal limit. The wheel rims work through magnetic levitation, like train wheels, making the car lighter and faster. The car's side mirrors retract within its body when parked, and they roll out as soon as the engine starts. They each have a build-in camera system, allowing driver to clearly see outside from inside the vehicle with ease. New concept sport car from German car producer E-Wolf. E-Wolf unveils an EV supercar thats so sporty. With a top speed of 155 miles per hour and a 0-60 acceleration that clocks in under four seconds, it has the performance to match its Italian playboy good looks, and its all-wheel drive, where each wheel is powered by an independent electric motor, should be able to keep all 2,000 pounds of it on the road. The Ford F650 is a super truck, appeared in 2000. The F650 is designed as a heavy hauler and is often used for towing or as a small dump truck. It is humongous! Its weight is about 160 tons, height is 3.5 meters like a one-floor house! But then again, with a price tag of $60,000 up to infinity, its not like the standard home owner will possess one anyway.
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In special laboratories techniques create situations and observe how car will show itself. How will these situations will influence passengers and driver. It helps producers to identify all problems and disadvantages due to correct them before mass production. In case of low quality test drives, innocent people can be harmed. While cars are tested instead of passengers, soft manikins are used. Numerous appliances are based on them, and at the moment of artificial crash it will memorize the force of hit, speed, possible damage on other characteristics, needed to be clarified. When parts are tested they may be separated from the car structure or be on their place. These test also show what material is better to be used on this or those detail, how long will it serve and how it should be treated. As I came up fast over the crest just before the sharp right-hander, I felt the race car begin to understeer away from me. "No worries," I thought, forgetting what exactly I was driving, "I'll just get on the power and get it straightened out." A tank-slapper later I was facing the other direction on the edge of the grass. I had just spun out on my first lap ever in a race car. A front-drive Kia Rio B-Spec race car, at that.
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