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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. Penske Automotive Group, Inc. Fritz Henderson.

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

Green Car Congress

GM is recalling 656 model year 2014 Cadillac ELR vehicles not equipped with adaptive cruise control and manufactured 26 September 2013 through 14 February 2014, and equipped without Adaptive Cruise Control. GM will notify owners, and dealers will recalibrate the Electronic Brake Control Module (EBCM), free of charge.

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

Teslarati

Chevrolet Global Vice President Scott Bell has said that he will not offer dealerships a buyout if they don’t sell electric vehicles. 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.

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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.

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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. And we decided that the important plug-in hybrid technology would be applied to another vehicle, at no delay, that we’ll discuss in the very near future. Earlier post.).

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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.

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

Green Car Congress

AMP ), a company engaged in the conversion of new vehicles to full battery-electric drive, unveiled its latest all-electric conversion platform, the GM Chevrolet Equinox. signed a letter of intent for a potential long-term electric motor supply agreement. AMP receives unhoused motors from Remy. Click to enlarge. Earlier post.).

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