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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 recalling 656 Cadillac ELR extended range electric vehicles over calibration of Electronic Brake Control Module

Green Car Congress

GM will notify owners, and dealers will recalibrate the Electronic Brake Control Module (EBCM), free of charge. Meanwhile, GM has decided to replace the ignition switch in all model years of its Chevrolet Cobalt, HHR, Pontiac G5, Solstice and Saturn Ion and Sky in the US, since faulty switches may have been used to repair the vehicles.

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GM announces three new recalls of ~1.55 million vehicles

Green Car Congress

Unsold vehicles have been placed on a stop delivery until development of the solution has been completed and parts are available. million Buick Enclave and GMC Acadia models from the 2008-2013 model years, Chevrolet Traverse from the 2009-2013 model years, and Saturn Outlook from the 2008-2010 model years.

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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. Earlier post.). We were all struck by the consistency of the criticism of the compact crossover.

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

Green Car Congress

found that a lot of [OEM] hybrid parts are suitable for us. they are already automotive-grade tested, there are spare parts, that whole mechanism is in place, and they will be producing spare parts for hybrids for years to come. Our own secret sauce is how we house the motors, and of course the software is unique. Steve Burns.

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