Update: GM Will Keep Saturn Hybrid Powertrains

Saturn Plug-In Hybrid Vue

Richard Truett from Automotive News: The next-generation of General Motors hybrid technology will not be delayed by the phase out of the Saturn brand, Tom Stephens, GM's vice chairman of global product development, said today. But in a reversal of plans, Stephens told Automotive News that the drivetrain that was destined for plug-in version of the Saturn Vue hybrid will be delivered to fleets in early 2011 and could also be offered to consumers. Stephens would not say which vehicle will get the powertrain, except that it would be one of GM's four core brands, Chevrolet, Cadillac, GMC or Buick.

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Developing Story: Penske Backs Out of Deal, General Motors to Close Saturn

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With negotiations expected to finalize tomorrow, Roger Penske shockingly announced to GM and the public today that he is backing out of the deal after failing to secure a manufacturer for the brand. For a couple of months now, Penske has been courting Renault-Nissan in an effort to outsource a model for the Saturn brand.