Saturn
Report: Last Pontiac Solstice Rolls Off Assembly Line as GM Closes Another Plant
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Earlier this week General Motors officially turned off the lights and locked the doors at its Boxwood Road assembly plant for the last time, marking the end of the line for the Pontiac Solstice and Saturn Sky. The two vehicles (along with the Opel GT) were manufactured at the plant in Wilmington, Delaware, which is…
Kia Asking Saturn Dealers To Consider Selling Korean Cars
While GM has reached a deal with Penske to sell off its Saturn brand, the future for dealers is anything but certain and Korean automaker Kia is hoping to capitalize on that. Kia dealerships are often in either rural areas or less popular urban areas because land in high-traffic and densely populated urban areas is…
GM’s Next Volt-Style Plug-In Hybrid Could Be a Buick Crossover
The next General Motors product to get a plug-in hybrid powertrain, like the one that will be introduced in the Chevy Volt, may be a Buick. This new PHEV (Plug-in Hybrid Electric Vehicle) was supposed to be a version of the Saturn Vue, but as GM has now sold off the Saturn brand to the…
Pontiac To Offer the Vibe (and Nothing Else) in 2010
The 2010 model lineup for the soon-to-be-terminated Pontiac brand will consist of just one model – the Vibe. Recently GM interim CEO Fritz Henderson reiterated the company’s position that the G8 would not carry on as either a Buick, Chevy or Cadillac. The G3 and G5 will also cease production this year, while the G6…
General Motors Agrees to Sell Saturn Brand to Penske
General Motors has reached an agreement with the Penske Automotive Group on the sale of its Saturn brand. An official announcement is expected to be made by both parties later today. The Penske Automotive Group was thought to be one of the front-runners in the bidding war, which also reportedly included Nissan/Renault, Mitsubishi and investment…
GM Says It Has 16 Different Buyers For Saturn, Three for Saab
With news of a tentative deal to sell off Hummer coming yesterday, GM still hasn’t made any decisions about its Saturn or Saab brands – but apparently it has plenty of offers to entertain. GM CFO Ray Young said that Saturn has as many as 16 suitors, while the Swedish Saab brand has three. The…
Magna Wins Opel Bid, Wants to Build Cars in Canada
By solidifying a deal to take control of GM’s European operations, Canada’s Magna International Inc. is eager to start producing Opel cars in Canada. “We want to build Opel cars in Canada,” said company founder and CEO Frank Stronach. “Canada should have its own Canadian company … a truly Canadian automobile industry.” The third largest…
Mitsubishi Latest Candidate to Buy Saturn
Oddly, it seems as though Saturn is far more interesting and far more loved as the up-for auction arm of a doomed for bankruptcy company than it ever was as regular old car brand. To date the Penske Automotive Group, automaker Nissan/Renault and investment firm Telesto Ventures have all been cited as potential buyers. Now…
Former Chrysler President Tom LaSorda to Advise Penske on Saturn Purchase
The possibility that Penske Automotive Group may in fact purchase the Saturn brand from General Motors has just increased significantly. Penske has acquired the services of former Chrysler President Tom LaSorda as an adviser on the bid. Penske is the second largest dealership group in the U.S. and also distributes the SMART brand of cars…
Pontiac Solstice and Saturn Sky Not Dead Yet
It’s not exactly the sort of news worthy of a celebration, but some cautious optimism is certainly appropriate as word comes that the Pontiac Solstice and Saturn Sky might not suffer the same fate as almost every other fun vehicle under the General Motors umbrella. Fritz Henderson, GM’s new CEO said that the company would…
Nissan-Renault Latest Candidate to Buy Saturn
The sale of Saturn to Nissan-Renault could see cars like this Mégane Renault Sport roaming U.S. streets. The rumor mill keeps churning out new and exciting candidates interested in buying GM’s Saturn brand. The most recent speculation is that Nissan/Renault might be interested. The Wall Street Journal is reporting the Nissan-Renault interest in Saturn, while…
Roger Penske Interested in Buying Saturn
Roger Penske and Daimler Chairman Dr. Dieter Zetsche take a ride in a SMART car. Penske currently distributes SMART cars for Diamler in the U.S. and is rumored to be interested in purchasing Saturn from GM. A day after General Motors released a vague statement declaring that it is moving to “the next step” in…
Group of Investors Looking to Buy Saturn, Transform Dealerships into Retailers for Foreign Cars
A group of investors known as Telesto Ventures has put forward a serious proposal to purchase Saturn from General Motors and turn it into a network of retailers selling vehicles from foreign manufactures. The business plan would have the Saturn continue selling GM-sourced products until 2011 at which point the dealer network would act more…
Saturn, Saab and Hummer.. Your Days Are Numbered
Along with asking for $16.6 billion more in loans from the Federal Treasury, General Motors has made it clear that Saturn, Saab and Hummer will be sold off or eliminated. GM has made it clear that Hummer is for sale if anyone is interested, and the same can be said for Saab, if the Swedish…
Kiss My Astra
With almost 8,000 out of 25,000 votes, Dana Roberts of Gilroy, CA was chosen as the “cheeky” winner of Saturn’s “Kiss my Astra” photo contest. As the Grand Prize Winner Dana was awarded a brand new Saturn Astra. Several other prizes were also awarded, with $300 gift cards going to the first five runners up,…
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