Automotive News | June 5, 2009 – 12:01 am EST   Tata hopes to sell world’s cheapest car in U.S.   queryvar=”tata,hopes,to,sell,worlds,cheapest,car,in,us”; NEW YORK (Reuters) — India’s Tata Motors hopes to offer the Nano, dubbed the world’s cheapest car, in the United States within two years, its chairman said. "It will need to meet all [...]

  GM to sell Saturn to Penske Penske Automotive Group, owned by racecar legend Roger Penske, will buy GM’s castoff brand. By David Goldman, CNNMoney.com staff writer Last Updated: June 5, 2009: 9:45 AM ET NEW YORK (CNNMoney.com) — Bankrupt automaker General Motors Corp. will sell its Saturn unit to car dealership operator Penske Automotive [...]