Breaking News: Saturn Continues to Explore Options, Faces Shutdown in 2011 if No Viable Alternative Found

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General Motors Chairman and CEO Rick Wagoner announced during a news conference this evening that Saturn will remain in operation through the end of the planned lifecycle for all Saturn products (2010-11). In the interim, should Saturn retailers as a group or other investors present a plan that would allow a spin off or sale of Saturn Distribution Corporation, GM would be open to any such possibility. If a spin off or sale does not occur, it is GM's intention to phase out the Saturn brand at the end of the current product lifecycle. Stay tuned to SaturnFans.com for more information as it becomes available.

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Aura Concept Unveiled to Workers at Fairfax Plant

Even though production of Saturn Aura sedan isn't scheduled to start until the summer of 2006, the company unveiled a concept version of the car to UAW workers at General Motors' Fairfax, Kansas assembly plant yesterday. Reaction to the new model was very positive. "We're excited about it," Dave Peterson, president of United Auto Workers Local 31, told the Associated Press.