article thumbnail

Penske Seeking to Buy Saturn

Green Car Congress

General Motors Corp. 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. Earlier post.)

Saturn 150
article thumbnail

Chevrolet will NOT buy out Chevy dealerships if they don’t sell EVs

Teslarati

In recent years, General Motors brands Buick and Cadillac have announced that they will give dealers a buyout option if they are unwilling to sell electric vehicles. This is yet another reminder that GM can be a dysfunctional family of brands, to say the least (look at Saturn). Chevrolet Bolts on a dealership parking lot.

Chevrolet 110
article thumbnail

AMP Unveils Electric Version of GM Equinox; Secret Sauce is the Drivetrain

Green Car Congress

The AMP Equinox features dual Remy motors—the same model used in the GM two-mode hybrid system—applied in an AMP-manufactured drivetrain that is the “ secret sauce ” for the converted vehicle, according to Steve Burns, AMP’s CEO. signed a letter of intent for a potential long-term electric motor supply agreement. Earlier post.).

GM 199
article thumbnail

2010 Coda Sedan: Exclusive Video Gives Electric-Car Details

Green Car Reports

Launching a brand-new car make is a tough task; just ask General Motors (RIP Saturn). I can't buy one outside California?). But if you're electric-car startup Coda Automotive, you have at least one plus (it's a pure electric car, which is sexy) to offset several potential minuses (who's Coda? it's made in China? Video exclusive!

Saturn 65
article thumbnail

2022 GMC Hummer EV: the biggest, baddest, butchest EV to hit the market?

Charged EVs

The news that General Motors would relaunch the infamous Hummer name—as an all-electric truck no less—broke a few days before the high-dollar, high-visibility 2020 Super Bowl ad that introduced that vehicle to the world. That will allow it to deliver a total of 750 kW (1,000 hp) to the three motors powering the wheels.

Hummer 104
article thumbnail

ISU study finds large potential for biobased materials in auto industry, but with challenges

Green Car Congress

To create the largest impact, the researchers concluded, emphasis should be placed on the largest producers of vehicles; the five largest producers of automotive vehicles in the United States are General Motors, Ford, Toyota, Chrysler, and Honda. General Motors. Cost to manufacture is one of the main considerations.

article thumbnail

My Tesla arrives in Los Angeles!

Revenge of the Electric Car

The first 100 orders paid upfront - and thankfully so because the few stocks I sold to buy the car are worth far less today - and then we waited and waited as Tesla sped, lurched, detoured, veered and hurtled through the incredible complex labyrinth of building cars. I am very very lucky!