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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.

Saturn 218
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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.

Dealers 150
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Chevrolet will NOT buy out Chevy dealerships if they don’t sell EVs

Teslarati

In recent years, General Motors brands Buick and Cadillac have announced that they will give dealers a buyout option if they are unwilling to sell electric vehicles. Cadillac was the first GM brand to offer dealers a buyout option if they were unwilling to invest in sales electrification and its associated investments.

Chevrolet 112
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Junkyard Find: 2009 Suzuki Equator RWD Crew Cab

The Truth About Cars

Things were unsettled around the far-flung GM Empire during the second half of the 2000s, to put it mildly, and North American Suzuki dealers were moving a significant amount of Daewoo-built iron in the immediate aftermath of Daewoo Motor America's demise.

Suzuki 104
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GM Previews First Two-Mode, Front-Wheel-Drive Hybrid Transaxle

Green Car Congress

General Motors 2MT70 FWD two-mode hybrid transaxle, as seen from. Design parameters of the current design include a 50% improvement in EPA composite fuel economy as compared to a conventional Saturn VUE, as well as a 7.5 Motor-Generators. engine side. Click to enlarge. second acceleration for the baseline vehicle.

GM 257
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GM announces three new recalls of ~1.55 million vehicles

Green Car Congress

As a result of new CEO Mary Barra’s request for a comprehensive internal safety review following the ignition switch recall, General Motors announced three separate recalls involving US production and sales of approximately: 303,000 Chevrolet Express and GMC Savana from the 2009-2014 model years with gross vehicle weight under 10,000 pounds.

GM 210
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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.

Buick 186