Saturn and Saab Retailers Face Uncertain Fates

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In a story about the dubious future of the Saturn brand, Chrissie Thompson from Automotive News talked to George Nahas, owner of two Saturn stores in Alabama and Florida. She wrote about how Mr. Nahas "owned only an Oldsmobile dealership when General Motors announced in 2000 that it would kill the brand. So he moved on - to Saturn." Now Nahas "again faces the possibility that the struggling automaker will take away his livelihood. 'I feel violated,' Nahas said. 'Just a couple of weeks ago they were telling us how viable Saturn was to General Motors. They were asking all of us to help them get the $25 billion aid package.' Nahas said he doesn't know what to think because the Saturn plan lacked specifics."

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Breaking News: Bush to Offer $17.4 Billion in Loans

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Justin Hyde from the Detroit Free Press Washington Staff: The Bush administration will offer General Motors and Chrysler loans totaling $17.4 billion in return for strict conditions mirroring those proposed by Senate Republicans last week. Those terms include not only the conditions agreed to by congressional Democrats, but new limits sought on the UAW contracts including matching wage and benefits of foreign automakers with U.S. plants by the end of next year.