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Saturn alerts customers it is considering a spinoff

Saturn has begun alerting customers that it may be spun off by General Motors as an independent marketing and distribution company. In a letter sent to about 1.5 million Saturn owners Wednesday night, Saturn said it would have to line up products to sell--either from other manufacturers or from GM in the role of a vendor--after GM's current commitment to build Saturn products ends after the 2012 model year. "The Saturn Distribution Corporation already exists as an indirect subsidiary of GM," wrote Jill Lajdziak, general manager of Saturn, in the letter.

Nissan to close Michigan design studio

In a cost-cutting move, Nissan is shutting its design studio at its research-and-development complex in suburban Detroit and moving the work to its main U.S. design studio in San Diego. The design studio in Farmington Hills, Mich., opened in 2005.

Ford previews new Vignale sub-brand before Frankfurt motor show reveal

Ford is creating a new sub-brand for the European market, even though the top-of-the-line "Titanium X" trimmed cars are strong sellers already. The name of this sub-brand will be one that most of you have heard, perhaps not associated with the Blue Oval: Vignale. Ford has made it clear that none of the Vignale models will be sold in the U.S..