Retailers, Owners Shocked Over End of Saturn

Steve Manning from the Associated Press via MSNBC: Charlie Eickmeyer says he was a fan of Saturn vehicles years before he was able to drive. Today he's in shock. So were employees at Day Automotive Group in Pittsburgh when they read the news online that a deal to rescue Saturn had fallen through. And Mike Martin is left wondering how he can move the Saturns left on his lot or what to do with the employees at his Manassas, Va. dealership now that the brand is apparently doomed. "It seemed like the deal was going through," said Eickmeyer, 34, who started following Saturn when he was 10 years old and now runs a Web site for enthusiasts of the brand. "I was really excited about the next chapter in Saturn's history." The chapter was supposed to be a future under former race car driver Roger Penske with the novel approach of filling dealerships with cars made overseas and rebranded as Saturns.

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New Low-Cost GM Hybrid System Previewed in Geneva, Will Debut in North America by 2010

General Motors Chairman and CEO Rick Wagoner

As another key element in its overall global strategy to improve fuel economy and reduce oil consumption and CO2 emissions, General Motors Chairman Rick Wagoner announced yesterday that GM will introduce a second-generation version of the GM Hybrid System with a new, more powerful lithium-ion battery.