General Motors announced today that it’s shutting down the Saturn brand after an agreement with Penske Automotive Group Inc. to acquire the unit fell apart. Penske, cited concerns as to whether GM could continue to supply vehicles after a manufacturing contract with the automaker ran out. They ended talks to acquire the brand from GM on Wednesday.

A transition to hydrogen vehicles could greatly reduce U.S. oil dependence and carbon dioxide emissions, says a new congressionally mandated report from the National Research Council, but making hydrogen vehicles competitive in the automotive market will not be easy.

Ford SYNC has been recognized by the editors of Popular Science magazine as one of the best new technologies of the year and chosen to receive a 2007 “Best of What’s New” award in the automotive category.

Wonder Auto Technology, Inc. (NasdaqGM: WATG), a leading manufacturer of automotive electrical and suspension parts in China, today announced that its wholly owned subsidiary, Jinzhou Halla Electrical Equipment Co., Ltd. ("Jinzhou Halla"), has been extended a credit line by the Bank of China, Jinzhou Tiebei branch, for a credit facility of approximately $10.67 million (80 million yuan).

The phenomenal success of Ford Thailand’s customer-centric “Make Every Day Exciting” (MEDE) brand campaign has demonstrated to be instrumental in achieving the number one overall customer experience in the Thailand automotive industry for both service and sales.

Buick has been recognized for building the most dependable vehicles in the automotive industry, according to an annual J.D. Power and Associates study released today.

As a gold sponsor of this year's Formula SAE(R) event, Henkel Corporation is creating real-world automotive experiences for university students by donating materials and providing counsel.