Penske Envisions Saturn as a Global Motors, Says Electric Models May be "First Vehicles Produced in the U.S." Under Agreement

Michelle Krebs from Edmunds Auto Observer: In light of the U.S. government's emphasis on available funding for alternative-powered vehicles, Penske said "electric vehicles will be right at the forefront" and "might be the first vehicles produced in the U.S." under this new Saturn arrangement with foreign partners. A former racecar driver and still a race-team owner, Penske said performance, which Saturn tried to highlight with its Red Line models, will take a backseat for now. "We need to be focused on the core volume before we become a specialty house. We need to generate volume," he said, noting that Saturn's volume has fallen to less than 100,000 vehicles sold annually. "We need to get back to a 150,000-200,000 run rate. Then we'll look at specialty items. "Performance is close to my heart and adds value to attract certain customers," he continued. "But first we have to be sure the customer base is satisfied with low-cost and efficient models."

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Eco-Engineers from Ohio State University Win Gold at 2009 EcoCAR Competition with Modified Saturn Vue

Eco-Engineers from Ohio State University Win Gold at 2009 EcoCAR Competition with Modified Saturn Vue

Students from Ohio State University earned top honors at the 2009 finals of the EcoCAR: The NeXt Challenge competition in Toronto, Canada for their design of a Extended Range Electric Vehicle (EREV). OSU took first place out of 17 universities in the U.S. and Canada that competed in the first major milestone of this three-year competition which is sponsored by the U.S. Department of Energy, General Motors, and many others including the Government of Canada.