Arnold Schwarzenegger Told About the 2009 Saturn Vue for NeXt

Arnold Schwarzenegger Told About the 2009 Saturn Vue for NeXt

California Governor Arnold Schwarzenegger (second from left) is told about the 2009 Saturn Vue that will be used in the EcoCAR NeXt Challenge at the Society of Automotive Engineers World Congress last Monday in Detroit, Michigan. The NeXt Challenge is a competition for teams of collegiate engineering students who must design, build and demonstrate a wide range of advanced automotive technologies that meet standards emulating California Air Resources Board (CARB) zero emissions vehicle (ZEV) requirements.

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General Motors Statement Regarding Black Oak Partners Press Release About Saturn

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As noted in GM's viability plan presented on February 17, 2009, GM announced it would review the potential spin-off or sale of Saturn and if those options did not prove viable Saturn's operations would be wound down over time. Over approximately the past 60 days, a sub-committee of Saturn retailers has been studying the feasibility of the sale or spin-off options, and has identified some parties that are potentially interested in a purchase or spin-off of Saturn. We are advised that one of the interested parties is Black Oak Partners. We are not at liberty to discuss any other interested party. With respect to what the eventual outcome concerning Saturn might be with Black Oak or any other interested party, it is simply premature at this time to speculate on what any eventual outcome may be.