Green Car Congress
OCTOBER 1, 2009
(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. Pursuant to the terms of those agreements, the wind down process will be determined and communicated shortly.
Green Car Congress
MAY 9, 2009
At the recent SAE 2009 World Congress in Detroit, General Motors engineers presented the first front-wheel-drive (FWD) iteration of their two-mode hybrid transaxle, termed the 2MT70 ( earlier post ), scheduled for its first application in the Saturn 2009 VUE 2-Mode Hybrid light sport-utility vehicle later this year ( earlier post ).
Green Car Congress
MAY 5, 2009
Prototype Saturn Vue PHEV plugging in to a Coulomb Chargepoint ( earlier post ) in San Jose, CA. Based on the current restructuring plan, GM is accelerating the wind-down or sale of Saturn to the end of this year. Click to enlarge. of Energy (DOE) and nonprofit Electric Power Research Institute (EPRI). Earlier post.).
Green Car Congress
FEBRUARY 18, 2009
Saturn will remain in operation for the next several years, through the end of the planned lifecycle for all Saturn products. In the interim, if Saturn retailers or other investors present a plan that would allow a spin-off or sale of Saturn Distribution Corporation, GM would be open to any such possibility.
Green Car Congress
FEBRUARY 11, 2009
GM has simplified the two-mode hybrid system for application in front-wheel drive vehicles—the Saturn VUE being the first instance ( earlier post )—while retaining its functionality and capability, according to Mark Selogie, Senior Manager Power Electronics, GM Powertrain, speaking at the SAE Hybrid Symposium in San Diego (11-12 Feb).
Green Car Congress
MAY 15, 2009
In a statement issued today, GM also said that it will be updating about 470 Saturn, HUMMER and Saab dealers on the status of those brands and will be discussing how the remaining dealers will support our retail plans going forward. The actual number of dealers could vary given levels of attrition, etc. outside of GM’s control.
Green Car Congress
APRIL 27, 2009
As part of the new plan, GM will accelerate the wind-down or sale of HUMMER, Saturn and Saab to the end of 2009, and phase out Pontiac by the end of 2010. The revised plan moves up the resolution of Saab, Saturn, and Hummer to the end of 2009, at the latest.
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