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Penske Backs Out of Saturn Deal; Brand to Wind Down

Green Car Congress

(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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Revealed: Jupiter’s Secret Power Source

Cars That Think

Jupiter’s northern (and southern) lights Jupiter's polar auroras are the largest and most powerful known in the solar system—and O'Donoghue says the energy in them, caused as Jupiter's atmosphere is buffeted by solar wind, is strong enough to heat the outer atmosphere of the entire planet. Winds in the cloud bands reach 500 km/h.

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GM Will Apply Plug-in Hybrid Technology To One of Its Remaining Four Core Brands, Delivery Still in 2011

Green Car Congress

Prototype Saturn Vue PHEV plugging in to a Coulomb Chargepoint ( earlier post ) in San Jose, CA. Based on the current restructuring plan, GM is accelerating the wind-down or sale of Saturn to the end of this year. Click to enlarge. of Energy (DOE) and nonprofit Electric Power Research Institute (EPRI). Earlier post.).

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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

Saturn will remain in operation for the next several years, through the end of the planned lifecycle for all Saturn products. In the interim, if Saturn retailers or other investors present a plan that would allow a spin-off or sale of Saturn Distribution Corporation, GM would be open to any such possibility.

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GM Simplifies the Two-Mode Hybrid Transmission, Maintains Functionality for FWD Application

Green Car Congress

GM has simplified the two-mode hybrid system for application in front-wheel drive vehicles—the Saturn VUE being the first instance ( earlier post )—while retaining its functionality and capability, according to Mark Selogie, Senior Manager Power Electronics, GM Powertrain, speaking at the SAE Hybrid Symposium in San Diego (11-12 Feb).

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SpaceX-launched Uranus mission a top priority of new decadal survey

Teslarati

The primary science mission would begin by deploying a small atmospheric probe to directly analyze the composition and behavior of the planet’s exotic atmosphere, which is believed to be volatile, prone to vast and violent storms, and host to some of the most extreme winds in the solar system.

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GM Advises Approximately 1,100 Dealers of No Long-Term Future in GM Dealer Network

Green Car Congress

In a statement issued today, GM also said that it will be updating about 470 Saturn, HUMMER and Saab dealers on the status of those brands and will be discussing how the remaining dealers will support our retail plans going forward. The actual number of dealers could vary given levels of attrition, etc. outside of GM’s control.

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