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Chevrolet Plans to Offer Vue-based SUV in 2004

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Last week General Motors confirmed rumors that Chevrolet will replace its aging Tracker SUV with a version of the Saturn Vue in 2004, as a 2005 model. The new SUV will be called the Equinox. Like the Vue, the Equinox will be a five-passenger sport-utility built on GM's Theta architecture.

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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General Motors, Saturn LLC, and Saturn Distribution Corporation All File for Bankruptcy Protection

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As expected, GM filed for bankruptcy protection this morning in a New York based Bankruptcy Court. Fritz Henderson, GM's CEO, told reporters that "Our agreement with the U.S. Treasury and the governments of Canada and Ontario will create a leaner, quicker more customer-and completely product-focused company, one that's more cost competitive and has a competitive balance sheet. This new GM will be built from the strongest parts of our business, including our best brands and products."