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Published on
closure,
penske,
dealer,
saturn,
gm,
termination,
 Sad news from the car industry, GM, the U.S. maker announced through Fritz Henderson, its CEO that the ultimate decision here, about terminate both Saturn and its network of dealership has been finally taken. Henderson said the decision was made because Penske Automotive - the ex Saturn suitor decided to stop all the discussions involving the acquisition. Here are excerpts from the announcement made by Henderson. As a result of PAG’s decision, we will be winding down the Saturn brand and dealership network, in accordance with the wind-down agreements that Saturn dealers rec... >> Read more
Saturn Headlines
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Published on
penske,
saturn,
gm,
renault,
nissan,
agreement,
p-a-g,
oem,
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The new owner of Saturn - Penske Automotive Group, decided pulling out of all the running negotiations. Saturn will unfortunately be discontinued, says GM official statement.A few s ... >> Read more
Saturn Headlines
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Published on
gm,
small,
michigan,
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GM issued a statement the confirms the rumored plans of assembling a future small auto – likely Chevrolet Spark based – at the Orion Township, in Michigan, which is an assembly factory. ... >> Read more
Saturn Headlines
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Published on
koenigsegg,
saab,
bid,
hummer,
saturn,
gm,
svt,
 Reports 1st surfaced about the interest Koenigsegg has in GMs Saab department last month, having the newest info indicating the supercar maker from Sweden has sealed the contract for the General Motors cast-off brand name. Koenigsegg and some investors from Norway were among a 3 bidding group for the Saab name.Swedens SVT reported that Koenigsegg inked an intent letter to aquire the Saab department from GM. The buyers have signed a letter of intent to buy Saab ... >> Read more
Saturn Headlines
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Published on
gm,
magna,
sell,
opel,
america,
us,
china,
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Magna International inked a contract recently to buy Opel from GM, but the agreement terms will prevent the parts supplier (Canadian) from selling the Opel cars in 2 of the largest auto mark ... >> Read more
Saturn Headlines
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Published on
gm,
generalmotors,
kappa,
ii,
platform,
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GM tries to find solutions on becoming again what it was: a profitable car maker. After announcing the firm will focus on the small vehicles, General Motors has announced now that there will ... >> Read more
Saturn Headlines
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Published on
vauxhall,
corsa,
sri,
uk,
opel,
us,
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Vauxhall has revealed Corsa SRi for the United Kingdome market. It has the base from Opel Corsa SRi, the Vauxhall Corsa SRi — returning after two years absence — was first debuted in Bar ... >> Read more
Saturn Headlines
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Published on
saturn,
astra,
price,
cost,
hatch,
backs,
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The price for Saturn’s new Astra 3 and 5-door hatch backs. It starts at $15,995 for a manual 5-door XE and top out at $19,820 for an automatic 3-door XR. Destination charge is included. Ba ... >> Read more
Saturn Headlines
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Published on
gm,
lambda,
gmcacadia,
buickenclave,
saturnoutl,
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GM is the most trustworthy company, IRN Inc., a consulting firm, says. The firm, based in Grand Rapids, Mich., has given these opinions to the media and has argued this point of view by clai ... >> Read more
Saturn Headlines
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