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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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Former Chrysler Executives Involved in Bidder Efforts to Save Saturn

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Save Saturn

Last week, Penske Automotive Group disclosed to the media that it had secured former Chrysler President, Tom LaSorda, as an advisor for the deal. Similar news was unveiled yesterday by Telesto Ventures. The investor group has hired a team of advisors which are all, oddly enough, former executives at Chrysler. According to Telesto's CEO, John Pappanastos, "The Saturn brand has the opportunity to serve a significant role in transforming the auto industry. We have carefully selected a team of proven innovators who not only bring powerful thinking to the table, but also the critical execution skills that have enabled us to make significant progress in such a short amount of time."