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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.)

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GM Suspending 2010 Malibu Hybrid Production; Next-Generation Li-Ion Mild Hybrid Expected for 2011

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General Motors has announced that there will be no retail production of the Chevrolet Malibu hybrid for model year (MY) 2010 due to “elevated inventory levels of the 2009 model.” The Malibu hybrid shares components with two other GM mild hybrids: the Saturn Aura and Vue hybrids. 2008 Malibu hybrid. Click to enlarge.

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US Hybrid Sales in February Drop 29%; Lower Decline Than General LDV Market

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General Motors. The Saturn VUE hybrid posted 188 units, for 6.4% The Saturn Aura posted 23 units, representing 1.5% of all Auras sold. The GS 450h posted 22 units, a 71.4% by volume year-on-year, representing 3.7% of all GS models. The LS 460h L also sold 22 units for an 80.4% drop, representing 3.1%

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US Hybrid Sales Down 45.5% in April

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General Motors sold 1,534 hybrids in April, comprising: 523 units of the two-mode SUVs (Tahoe, Yukon, Escalade), representing 4.5% 338 units of the Saturn VUE hybrid, representing 11.3% 31 units of the Saturn Aura hybrid, representing 1.7% of Aura sales. 338 units of the Saturn VUE hybrid, representing 11.3%

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Plug-ins to play part in GM future

Green Cars News

In an online blog, General Motors’ (GM) vice chairman Tom Stephens stated that the company will apply plug-in hybrid technology to one of its four core brands followings its’ restructuring. The company will be divided into Chevrolet, Cadillac, GMC and Buick following the decision to close Pontiac and sell Saturn.

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Reported US Hybrid Sales Up 5.2% Year on Year in June; 3% New Vehicle Market Share for the Month

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General Motors. GM hybrids currently comprise the Chevrolet Malibu, Saturn Aura and Vue BAS hybrids; and the Tahoe, Silverado, Yukon, Sierra, and Cadillac Escalade two-mode hybrids. GM reported a total of 1,454 hybrid vehicles delivered in the month, up 26.5% year-on-year.

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More information on hybrid sales slump

Green Cars News

General Motors: The company sold 1,534 units in April which consisted of: 523 two-mode SUVS (Tahoe, Yukon Escalade); 95 two-mode pick-ups (Silverado, Sierra); 547 Malibu hybrids; 338 Saturn VUE hybrids; 31 Saturn Aura hybrids. Meanwhile, the Ford Escape and Mariner hybrids saw sales drop by 40.5 per cent to 19 units.

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