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Penske Seeking to Buy Saturn

Green Car Congress

and Penske Automotive Group confirmed details of a proposed transaction under which Penske would acquire the Saturn brand. If completed, the deal would save more than 350 dealerships and 13,000 jobs at Saturn and its retailers in the United States, and would preserve the Saturn brand. General Motors Corp. Earlier post.)

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Plans Saturn Vue PHEV-10. Aims to get Saturn Vue on road in 2010; no production goal. People wont buy a full car. They will buy a car and rent or lease the battery and the cost of leasing the battery will be the same as, or less than, the cost theyre paying today for petrol. Plans "large demonstration fleet" late 2009.

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Yeah, go buy a 59k Tesla that can go 200 miles… then your screwed, sure go park and get a hotel and charge it for 8 hours… then go another 200 miles, great for long trips i’m sure. Also maintenance on these (no oil changes to speak of) etc will cost much less than an internal combution propelled car.

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