Green Car Congress

OCTOBER 1, 2009

(PAG) has terminated its discussions with General Motors Company to acquire the Saturn brand, citing concerns directly related to the future supply of vehicles beyond the supply period it had negotiated with GM. Pursuant to the terms of those agreements, the wind down process will be determined and communicated shortly.

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Saturn Wind GM Dealers 218

Green Car Congress

MAY 15, 2009

GM began contacting its dealers today regarding its long term planning, and is advising approximately 1,100 “ underperforming and very small sales volume US dealers ” that GM does not see them as part of its dealer network on a long-term basis. The actual number of dealers could vary given levels of attrition, etc.

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Dealers GM Saturn Future 150

Green Car Congress

APRIL 27, 2009

General Motors presented an updated Viability Plan that accelerates and deepens the cuts in US brands and nameplates, dealers, manufacturing operations and employees intended to enable GM North America to breakeven (on an adjusted EBIT basis) at a US total industry sales volume of approximately 10 million vehicles.

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GM Saturn Hummer 2008 150

Green Car Congress

FEBRUARY 18, 2009

As required by the loan agreements signed in December 2008, GM and Chrysler submitted their updated restructuring plans showing a pathway to achieve financial viability to Congress on Tuesday. In the US, GM will focus on its core brands; Chevrolet, Cadillac, Buick and GMC. million units (57.5

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Chrysler GM Saturn Production 150

Green Car Congress

MAY 9, 2009

At the recent SAE 2009 World Congress in Detroit, General Motors engineers presented the first front-wheel-drive (FWD) iteration of their two-mode hybrid transaxle, termed the 2MT70 ( earlier post ), scheduled for its first application in the Saturn 2009 VUE 2-Mode Hybrid light sport-utility vehicle later this year ( earlier post ).

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GM Saturn Hybrid VUE 257

Tony Karrer Delicious EVdriven

APRIL 21, 2009

’s vice chairman of product development, Robert Lutz, reportedly told Volt enthusiasts at the Web site GM-Volt.com. “We April 17, 2009 11:38 am Link Goodbye GM. Why pay $40K for a GM volt… which will look nothing more than a Malibu anyway and only get 40 miles before the gasoline engine kicks in. — Goodbye 2.

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Volt Green Electric Cars 2009 42