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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. Today’s disappointing news comes at a time when we’d hoped for a successful launch of the Saturn brand into a new chapter.

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

Green Car Congress

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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GM Pulls the Plug on New Buick Compact Crossover; Plug-in System to Be Applied to Another Vehicle

Green Car Congress

GM has cancelled its recently announced compact Buick crossover, which would have offered the plug-in hybrid system originally targeted for the Saturn VUE. And we decided that the important plug-in hybrid technology would be applied to another vehicle, at no delay, that we’ll discuss in the very near future. Earlier post.).

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GM Releases New Viability Plan, Launches Bond Exchange; Phasing Out Pontiac

Green Car Congress

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. billion in 2008 to $23.2

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Analysis: What’s the Best Way to Market EVs?

Clean Fleet Report

This appeases the purists who can’t imagine a Harley that’s quiet and scent-free while letting H-D move into the electrified future. LiveWire Labs in Silicon Valley will communicate with Harley-Davidson in Milwaukee to “pioneer the future of motorcycling.” The LiveWire at launch was a Harley. Fine with me. Five Ways To Market EVs.

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General Motors presents viability plan

Green Cars News

This revised plan also moves up the resolution of Saab, Saturn and Hummer to the end of 2009 at the latest. - A restructure of GM’s dealer organisation with the number of dealers to drop to 3,605 by the end of 2010 - that’s down from 6,246 in 2008. -

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Plug-In Prius Goes Up to 12 Miles on Electricity Only - AllCarsElectric.com

Tony Karrer Delicious EVdriven

The fleet models will be part of a test bed for Toyota and future development of the plug-in Prius may at some point lead to a consumer model. The upcoming plug-in Prius will use the traditional nickel metal hydride battery system, but future versions will likely see the addition of a lithium ion battery pack. All Rights Reserved.

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