Jill Lajdziak to Leave GM by Year End
28 Oct 2009, 09:06 UTC · By: Daniel Patrascu / The recently placed seal on GM's brand Saturn fate has already began causing effects in the manufacturer's management. Among the first who announced will jump ship as it sinks is Saturn�...
GM Announces Official Termination of Saturn Brand and Dealers
26 Oct 2009, 13:11 UTC · By: Daniel Patrascu / In what may be called the sad news of the day from the automotive industry, American manufacturer GM announced through its CEO, Fritz Henderson, that the final decision about the termination of both...
What Saturn Needs to Survive
6 Oct 2009, 10:12 UTC · By: Daniel Patrascu / The soon-to-be dead American brand Saturn is not in such a big deep "something" some would like to believe. According to Todd Ingersoll, Saturn Retailer Council member, all the brand would...
Saturn Dealers Want More Money
5 Oct 2009, 07:04 UTC · By: Daniel Patrascu / The unexpected change of fate for GM's brand Saturn has left its dealers with very few options, several dealers began expressing their disapproval towards the terms imposed by GM when it comes ...
Renault Puts Another Nail in Saturn's Coffin
4 Oct 2009, 10:59 UTC · By: Daniel Patrascu / Last week’s announcement that Penske had a swift and unexpected change of heart, body, mind and soul in taking over GM’s Saturn left many wondering if and with who Saturn will survive. M...
Penske Pulls Out of Saturn Deal, GM to Kill the Brand
1 Oct 2009, 07:22 UTC · By: Bogdan Popa / Penske Automotive Group, the "new owner" of Saturn as some media publications around the world named it, yesterday decided to pull out of negotiations. Unfortunately for those of you who h...
Saturn Sale to Complete This Week
29 Sep 2009, 13:24 UTC · By: Daniel Patrascu / The sale of Saturn to Penske may conclude as soon as tomorrow, according to a report published by a US paper. The announcement of the sale is expected to be made as soon as Thursday, as previously h...
Penske to Kill Saturn Brand in Canada
31 Aug 2009, 14:09 UTC · By: Bogdan Popa / Although it was seen as a life-saving move that could bring Saturn back on track in the markets in which it sells cars, Penske's purchase of the company proves to be a huge restructuring proces...
Penske-Saturn Deal on Track
30 Jul 2009, 08:28 UTC · By: Daniel Patrascu / Unlike its European counterpart Opel, American brand Saturn has not caused much of a stir in the States when it was put up for sale. And, again, unlike Magna's now uncertain takeover of Opel, P...
Saturn Recalls 2008 Vue in the US
26 Jun 2009, 14:07 UTC · By: Bogdan Popa / As if things aren't bad enough for Saturn, the automaker is now forced to recall more than 44,000 vehicles in the United States due to a malfunction concerning the door handles. Although it mig...
Saturn Outlook Demand Grows, GM Recalls 900 Workers
22 Jun 2009, 13:34 UTC · By: Bogdan Popa / Curiously enough, Saturn, a brand which is days away from an official selling to a new investor, performs well in such a difficult economic environment and even helps GM, still the owner of the comp...
Penske to Ask Saturn Dealers to Continue
9 Jun 2009, 12:49 UTC · By: Daniel Patrascu / The almost last minute save of GM's brand Saturn from the projected extinction by Penske also means a breath of fresh air for Saturn's dealers. According to a report by Autonews, Saturn�...
Confirmed: Penske Takes Over Saturn
5 Jun 2009, 14:58 UTC · By: Daniel Patrascu / As was to be expected since the early hours of the day, the official confirmation of Penske's takeover of Saturn came from GM. The catch phrase of the deal: save some 13,000 jobs from some 350 ...
Penske Group Favorite to Take Over Saturn
5 Jun 2009, 06:49 UTC · By: Bogdan Popa / After General Motors managed to get rid of Opel, the American automaker is now preparing to sell the Saturn brand, with Detroit-based Penske Group now favorite to snatch it. Details are still sketch...
Renault to Keep Saturn Alive, Sell Cars in the US
26 May 2009, 09:54 UTC · By: Bogdan Popa / Saturn, the General Motors brand which has been often linked with bankruptcy, might be kept alive by Renault, the French manufacturer who is now planning to use the company in order to expand its co...
Marchionne Confident in Opel Deal
21 May 2009, 14:55 UTC · By: Daniel Patrascu / Following the brief press release in which Fiat confirmed it had submitted its offer to take over Opel to the German goverment, the Italian company's CEO Sergio Marchionne now says he has about...
Renault - Nissan Eyes Saturn
7 May 2009, 09:15 UTC · By: Daniel Patrascu / It would have seemed that the French manufacturers are the only ones who did not plan on getting their share of the American crumbled automotive pie. That appears not to be so anymore, as reports by...
GM Confirms Offers to Sell Saturn
4 May 2009, 15:20 UTC · By: Bogdan Popa / Although Saturn's future has often been put in doubt, General Motors every once in a while confirmed its intentions to sell Saturn, mentioning with every single occasion that some parties are i...
Killing Saturn Equals Killing Hybrid Sales
29 Apr 2009, 14:19 UTC · By: Bogdan Popa / According to the most recent rumors, General Motors plans to shed Saturn by the end of the year unless it founds an outside investor willing to buy the ailing company. But what's interesting is...
General Motors Speeds Up Saturn Shutdown
28 Apr 2009, 10:42 UTC · By: Bogdan Popa / Even if the future of the company is yet to be decided, General Motors is now speeding up efforts to build the last models under the Saturn brand in a broader attempt to shed the asset by the end of...