Kamis, 16 April 2009

Plan to increase popularity of electric cars stalls over subsidy snag

Bidder for Saturn steps forward, promises to keep the brand alive
An Oklahoma equity firm is the first known suitor for GM's unit. It would continue to distribute GM-made vehicles through 2011 and would also sell imported vehicles as Saturns. An unheralded private equity firm in Oklahoma City emerged Wednesday as the only known suitor for General Motor Corp.'s Saturn brand, promising to keep the marque and its dealership network alive.


UAW stops GM talks to focus on Chrysler deal
The United Auto Workers union has placed concession talks with General Motors Corp. on the back burner as it tries to reach a deal with Chrysler LLC before an April 30 government deadline, two people briefed on the negotiations said Thursday.
Plan to increase popularity of electric cars stalls over subsidy snag
Graphic: the starting grid

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