Ion Red Line Flatlined

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Sources tell SaturnFans.com that the last supercharged Ion Red Line quad coupe was built on Friday, September 1st, at 9:38 a.m. Production of non-Red Line Ions will continue into next year.

The move marks the beginning to what will be a slow shutdown of the Ion line at Saturn's Spring Hill manufacturing complex. Ion production was scheduled to end in December, but was recently extended until March, due to higher gas prices and increased popularity. The Ion will be replaced with an all-new model for 2008. The new model, believed to be called the Saturn Astra, will be imported from Europe in the second half of next year.

You can read more about the Saturn Astra here.

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Detroit Free Press: Bush Hints Deal for Auto Industry Not Far Away

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As the White House and Detroit’s automakers continued working together on a new rescue plan over the weekend, following the collapse last week of the $14-billion lifeline for General Motors and Chrysler, President George W. Bush on Sunday hinted that a new deal was not far from being reached.