Spring Hill Plant Builds 2 Millionth Engine

According to UAW Local 1853 Chairman Mike Herron, Saturn's former Spring Hill Powertrain plant built its two millionth GM L-850 Ecotec 4-cylinder engine at around noon this past Wednesday (September 16th). The Tennessee-built engine is used in General Motors vehicles sold worldwide. The Associated Press reported this week that "the facility supplies engines in North America for the Chevrolet Cobalt, HHR and Malibu, the Saturn Aura and Vue, and the Pontiac G6; in Canada for the new Chevrolet Equinox and GMC Terrain; in Europe for the Opel Insignia; and in Shanghai for the Buick LaCrosse."

Source: UAW 1853, AP

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Press Release: Black Oak Partners Investor Group Approaches GM About Acquiring Saturn

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An investor group that includes private equity firm Black Oak Partners, working together with a number of Saturn retailers, announced today that it has approached General Motors about acquiring and operating the principal assets of Saturn Distribution Corporation (SDC) as a diversified automobile distributor and retailer. SDC is the legal entity that franchises with Saturn retailers today.