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vancouversun.com

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Tuesday, Jun 9

Saturn's future in Canada unclear: GM spokesman

  Canada Last Friday, Penske Automotive Group, an international automotive retailer, said it had won the bidding for GM's Saturn unit, one of four brands GM is looking to shed as part of its massive restructuring. Penske Automotive Group “is now embarking on ...

Magna foresees electric future

  Canada Yesterday, GM announced it had entered into a deal to sell its Hummer brand to a privately held Chinese company, but did not reveal the price. Stronach brushed aside questions about a possible purchase of the Saab or Saturn brands, saying: "We have to ...

Wednesday, May 20

Up to half of bc's GM dealerships face axeVideo included in this story.  Click to view.

Thumbnail   Canada In Victoria, Saturn Saab received notice from GM that it has two options: to wait and see whether GM sells off the Saturn portion of its business or terminate its sales and service agreement with the company, said Dave Wheaton, of the Edmonton-based ...

This article also contains excerpts from Lansing State Journal, Examiner.com, Automotive News, calgaryherald.com

General Motors dealers in BC on tenterhooks awaiting word on ...

Thumbnail   Canada Saturn Saab in Victoria has received notice from GM that it has two options, said Dave Wheaton, of the Edmonton-based Wheaton Group which operates 18 GM dealerships in Western Canada. One option is to wait and see whether GM sells the Saturn portion of ...

This article also contains excerpts from Lansing State Journal, Examiner.com, Automotive News, calgaryherald.com

Tuesday, May 19

How GM lost its way

Thumbnail WA today   Canada One example is GM's Saturn division, a major cash flow loser. A good example of this type of car is the Toyota Camry. By contrast, a "loser profile" car looks like this: - Low market segment share - In a small market segment - With unattractive buyer ...

Friday, May 15

GM to drop up to 1600 dealers

  Canada The automaker expects to drop another 470 dealerships from cutting its Saab, Hummer and Saturn brands, said GM spokesman John McDonald. After merging remaining dealerships, the plan is for GM to cut about 2600 showrooms, or 40% of its US retail network ...

 
 

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