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    Motorsports: Jay Penske's Dragon Racing signs Jérôme d'Ambrosio for Formula E
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    When it comes to open-wheel racing, there are few names as big as Penske. But while Roger may not be fielding a team in the new Formula E championship, his son Jay is. The media mogul runs his own Dragon Racing team in the IndyCar Series, and will be competing in the electric racing series this ...

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    Report: Smart Fortwo Electric Drive unaffected by Penske departure
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    Smart Fortwo ED – Click above for high-res image gallery
    Last Monday, Penske and Smart jointly announced that their relationship would soon come to a halt. Within a few months, Penske will hand over distribution rights, management, sales and marketing duties for Smart in the U.S. to ...

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    Report: Nissan-based four-door Smart scrapped
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    Smart/Nissan Collaboration sketch – Click above for high-res image gallery
    Hot on the heels of the news that Penske and Smart have split comes word that the Smart/Nissan collaboration is dead. Automotive News is reporting that the project, which was intended to yield a four-door model ...

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    Penske bails out of Smart distribution deal, Daimler takes over
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    2009 Smart Fortwo – Click above for high-res image gallery
    So much for Valentine's Day. Penske and Smart have jointly announced that the couple is going their separate ways. Penske is walking away from it distribution rights, management, sales and marketing duties, but that doesn't mean ...

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    Penske holds positive outlook for Smart brand amidst dwindling sales
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    2009 Smart Fortwo – Click above for high-res image gallery
    Having only a single model in your stable can be problematic. Why? If public interest in that sole offering wanes, tough times are sure to follow. Buyers can't possibly resist the cute, tiny Fortwo right? Wrong. Sales have tanked ...

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    Retiring Saturn chief to take over SmartUSA sales and marketing
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    Saturn general manager Jill Lajdziak spent several months this summer and fall working closely with Roger Penske and his staff trying to iron out the details of a proposed purchase of the brand from General Motors. As we know, that deal fell apart when Renault's board of directors vetoed a deal to ...

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    Penske raises sales outlook for smart fortwo in U.S.
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    Looks like the decision by Penske Automotive to be the Official U.S. Distributor for the smart brand of cars was... uh, smart. According to reports, smart new car sales are one particular bright spot for the company, which saw sales from other outlets drop somewhat. Used cars also did rather well ...

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    GM buying 50% of diesel maker VM Motori
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    Bob Lutz may not be a huge diesel fan but General Motors is beefing up their internal diesel prowess anyway. They have reached an agreement with long-time collaborator Penske Corp. to buy a fifty percent stake in Italian diesel maker VM Motori S.p.A. The new 2.9L V-6 diesel that GM announced at the ...

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