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

Green Car Congress

As such, these vehicles fail to conform with Federal Motor Vehicle Safety Standard (FMVSS) number 126, “Electronic Stability Control Systems.”. Because it is not feasible to track down all the parts, the company is recalling 824,000 more vehicles in the US to ensure that every car has a current ignition switch.

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A Brief History of the World’s First Planetarium

Cars That Think

According to the Zeiss Archive, a large sphere held all of the projectors for the fixed stars as well as a “planet cage” that held projectors for the sun, the moon, and the planets Mercury, Venus, Mars, Jupiter, and Saturn. Part of a continuing series looking at historical artifacts that embrace the boundless potential of technology.

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GM's CEO Waggoner Announces Saturn Plug-in Hybrid; Bio-fuel Hummer

Plugs and Cars

LOS ANGELES (MarketWatch) -- General Motors Corp. (GM) Wagoner said GM is using the Saturn Vue hybrid sport utility vehicle to develop a plug-in hybrid, which can be re-charged from a standard electrical outlet, and will offer biofuel-capable Hummer SUVs. Tags: GM plug-in hybrid Saturn. for complete story: [link].

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GM boosting investment at Spring Hill by $167M for two future mid-size vehicles

Green Car Congress

General Motors is adding a new $167-million investment in its Spring Hill assembly plant, brining the total spending on the plant to $350 million in support of two future mid-size vehicles. The new programs will add to existing manufacturing operations at the site that include vehicle assembly, stamping, engine and component parts production.

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

Green Car Congress

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.