GM: No Delay for Plug-In SUV

Saturn Vue Green Line Plug-In Hybrid

Kevin Krolicki from Reuters: General Motors is on track to launch a plug-in sport-utility vehicle in 2011 despite scrapping its Saturn brand as part of a sweeping reorganization in bankruptcy, according to the automaker's product chief. "I can tell you that I won't lose one day in terms of customers being able to walk into dealerships and actually purchase a plug-in," GM Vice Chairman Tom Stephens said in an interview. Last year GM also announced plans for a plug-in version of its Saturn Vue SUV that would carry a lithium-ion battery pack rechargeable at a standard outlet, reducing the need for gas consumption from its 3.6-liter engine. The Saturn Vue plug-in was being designed with the ability to be driven 10 miles on electric power alone. But GM's plans to launch the rechargeable SUV were complicated by a decision to drop the Saturn brand this year. Stephens said work on the plug-in technology behind the Saturn Vue remained on track. He said the vehicle that would replace the now-scrapped Saturn would be an SUV from one of GM's four remaining brands: Chevy, Cadillac, Buick and GMC.

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Press Release: GM Presents U.S. Government Updated Plan for a Viable, Sustainable Company

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GM today presented the United States Department of Treasury with an updated plan that boldly responds to the weaker global auto market conditions and details the company's long term viability. The plan, which provides a comprehensive review of key aspects of GM's restructuring, is the first of two status reports required by the loan agreement signed by GM and the U.S.