Fisker, Tata, and DeLorean Said to be Interested in Former Delaware Saturn Plant

Wilmington Saturn Plant

Andrew Eder from the Delaware News Journal: At least three auto companies have toured the empty Boxwood Road assembly plant near Newport in a bid by the governor's economic development team to revive the state's moribund manufacturing sector. Delaware is competing against suitors in Michigan and other Midwestern states where the American auto industry has cut back production leaving dozens of abandoned auto plants. Access to foreign markets through the Port of Wilmington and a commitment to green technology could help Delaware revive a 62-year legacy of building cars that ended when General Motors closed Boxwood in July. At least three auto companies have toured the plant since then, people with knowledge of the situation said. The interested firms included an American startup that's developing a plug-in hybrid car and an Indian automaker looking to expand in the United States. Last week, a small Texas company floated the idea of using the Boxwood Road plant to build a rebranded Solstice — the sports car that GM killed when it closed the plant and discontinued the Pontiac brand.

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Saturn Brings Back 0% Financing as the Company Boosts Production of Popular Fuel Efficient Models

Yesterday General Motors announced a series of initiatives designed to jumpstart June sales of its 2008 models, and grow volume in certain key segments of the marketplace. To boost sales, the company plans a "72 Hour Sale" with 0% financing and cash back opportunities on "over 80%" of its vehicles, according to Automotive News.