Amp Holdings, a company actively engaged in converting conventional vehicles over to battery-electric drive, has signed a deal to modify three of DTE Energy's gas-burning SUVs. This time around, Amp will tackle a trio of Saturn Vues, ripping out the unnecessary gasoline engine and its associated hardware and dropping in the company's exclusive modular electric powertrain in its place. The Amp'd DTE Energy Vues boast a claimed range of up to 150 miles and offer drivers the option to recharge via
Saturn VUE News
Confirming a report we posted on earlier today, General Motors has reached a preliminary agreement to handover the Saturn marque to the Penske Automotive Group. In GM's official statement after the jump, the automaker says that the memorandum of understanding would entitle Penske to the brand's 350+ dealerships, the rights to the name and its associated iconography, as well as continued production of the Aura, Vue, and Outlook on a contract basis. As expected, the dormant Astra hatchback and the
According to The New York Times, General Motors has come to terms with a consortium led by industry icon Roger Penske to sell its ailing Saturn brand. The agreement, which is expected to be announced later today, will apparently see Penske add Saturn brand and its stand-alone showroom network to his existing portfolio of 310 global dealers.
According to Automotive News, Suzuki has elected to halt production of its only North American-built model, the slow-selling three-row XL7 crossover. Blaming the nation's subprime loan crisis, Suzuki spokesman Hideo Kojima has confirmed that no additional examples of the America-only model will roll off out of General Motors' CAMI joint-venture facility in Ingersoll, Ontario. The plant is still operational, however, continuing to produce other GM vehicles for the remainder of the model year.
For all the jokes about how Americans now own GM, it turns out that AutoblogGreen readers and GM executives think alike. In a poll we ran yesterday, the most popular choice for what to do with the Saturn hybrid powertrains was "Move the powertrain to the Equinox." A GM spokesperson said today that, although the brand itself will indeed be sold, the powertrain - both the standard and plug-in versions - will be migrated to other vehicles in the GM stable, according to Automotive News. The new PHEV
That GM would sell Saturn has been floating around for what seems like ages now, but the most recent word from GM on the fate of the brand was that the "resolution" had been bumped up in the schedule to the end of 2009. GM just released a statement about the Saturn sale, saying that, "A number of potential buyers have surfaced and expressed interest in the Saturn brand and retailer network," and that GM hopes "to secure an agreement with a specific buyer later this year." We've asked GM if there
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