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Vue Powered by Honda in 2004

More information continues to surface regarding the Honda engine slated for the 2004 Saturn VUE sport utility. The Detroit Free Press reports today that General Motors has reduced the total number of 3.5L DOHC V-6 engines it plans to purchase from Honda. A 5-year technology and component-sharing contract signed between GM and Honda in December 1999.

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Telesto Reiterates Interest to Save Saturn

Telesto Ventures, an investor group that includes private equity firm Black Oak Partners and a number of Saturn retailers, reiterated its intent to acquire Saturn Distribution Corporation (SDC) in its ongoing effort to save more than 440 US and Canadian Saturn retailers and preserve an iconic American brand. The group originally put forth its intentions to GM on April 9th.