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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

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. Tags: Brief. General Motors Corp.

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Junkyard Find: 1996 Saturn SC2

The Truth About Cars

The Saturn Division spent the first half of the 1990s printing money for The General with its no-haggle pricing policy and plastic-bodied cars that only rusted in areas you couldn't see easily, and all those cars were based on a single platform: the S Series. But we're not here to mourn Saturn. This car has neither.

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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. Tags: Brief. 2008 Malibu hybrid. Click to enlarge.

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

Plugs and Cars

1 auto maker is accelerating its efforts to meet the challenge by being the first to offer a plug-in hybrid and by expanding its production of biofuel vehicles. Tags: GM plug-in hybrid Saturn. (GM) Chief Executive Rick Wagoner said Wednesday that the U.S. needs to reduce dependence on foreign energy and insisted the No.

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Remy to Supply HVH250 Electric Motors to Advanced Mechanical Products for EV Conversions

Green Car Congress

and Advanced Mechanical Products, Inc. ( The first two vehicles available for AMP conversions are the GM Saturn Sky and the GM Pontiac Solstice. The end product is an all-electric vehicle with a range of up to 150 miles per charge. Tags: Conversions Electric (Battery) Motors. An HVH250 motor. Click to enlarge.

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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. Tags: Brief. Earlier post.). Buick crossover canceled. This happened in one day.

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