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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
13 Apr 2009, 09:33 UTC · By: Bogdan Popa / With company officials awaiting a decision from parent company General Motors, Saturn's crisis is deepening day by day. As a direct result of the chaos surrounding Saturn, consumers have lost t...
13 Apr 2009, 07:23 UTC · By: Bogdan Popa / As we're sure you know, Fritz Henderson, the newly-appointed General Motors CEO, is now responsible for GM's over-discussed restructuring plan that is supposed to bring the American giant ...
20 Mar 2009, 16:03 UTC · By: Madalina Iancu / Although GM is currently struggling to survive, Saturn, a Detroit-based automaker's division felt the need to reassure customers that they are not dead yet through an advertising campaign ...
18 Mar 2009, 09:48 UTC · By: Daniel Patrascu / The possible Saturn spin off from mother company GM is exciting interest from competitors, both US based and foreign, who seek to sell their cars under the Saturn brand. At least this is the latest ...
16 Mar 2009, 13:13 UTC · By: Bogdan Popa / Earlier this day, it was only the Hummer H3T which had a problem with the fuel tank that could lead to severe accidents. Now, the National Highway Traffic Safety Administration (NHTSA) informed that...
6 Mar 2009, 11:49 UTC · By: Bogdan Popa / After several months of uncertainty when nobody, and count here GM too, knew what's gonna happen with Saturn, sources close to negotiations finally confirmed that a "few" parties are ...
24 Feb 2009, 10:40 UTC · By: Madalina Iancu / US President Barack Obama might favor American cars but people in his administration certainly don't. If you take a look at what American politicians drive you'll reach the same conclusion...
23 Feb 2009, 08:10 UTC · By: Daniel Patrascu / Saturn, the collateral victim of GM's plan for survival, has asked its dealers not to close for 60 days while a GM-Saturn joint task force together with outside consultants determine whether a ...
20 Feb 2009, 14:45 UTC · By: Daniel Patrascu / The viability survival plan GM presented to the US Government on Tuesday contained, as we already reported, a large numbers of measures the company is going to take in order to survive the crisis an...
20 Feb 2009, 08:24 UTC · By: Bogdan Popa / As part of the broader attempt to return to profitability in two years, General Motors started a massive cost-cutting plan, including closing, discontinuing or selling some of the brands it owns in ...