RIP Sky
Seems that while it has been confirmed that Penske will be taking over Saturn, they wont be getting the Sky. Which is really too bad.
What they will be keeping is:
Aura - the rebodied Opel which is a decent car
Vue - the rebodied Opel which is a decent Crossover
Outlook - the rebodied GM which is a decent big Crossover
I think possibly the most interesting thing is that we will be seeing car companies which are small and independent going up against the giants of the industry. For the last 20 years, no one has really made it. I would like to think that a number of small and effective car companies could really put pressure on the big guys - and hopefully get more products to the "long tail" - those of us who dont want a red camry.
On another auto note - and I appologize for so much auto news going into the BoN, but it has been a crazy time - it looks like Hummer is not going to be sold to whatever the heck the name of that heavy equipment company was. In a move that is not really surprising, China may block the purchase because a) it has been trying to cut down the number of car companies, from about 500 to 10 by 2015, and b) because it has been trying to improve the efficiency and emissions of the Chinese car fleet. However, it has also c) been encouraging Chinese companies to buy overseas companies, which has often been met with resistance. This time the US govt. is practically begging for Hummer to be taken over (I dont think Obama wants to own Hummer - it just would not look right), and so there is still a chance I think that the deal will go through.
What they will be keeping is:
Aura - the rebodied Opel which is a decent car
Vue - the rebodied Opel which is a decent Crossover
Outlook - the rebodied GM which is a decent big Crossover
I think possibly the most interesting thing is that we will be seeing car companies which are small and independent going up against the giants of the industry. For the last 20 years, no one has really made it. I would like to think that a number of small and effective car companies could really put pressure on the big guys - and hopefully get more products to the "long tail" - those of us who dont want a red camry.
On another auto note - and I appologize for so much auto news going into the BoN, but it has been a crazy time - it looks like Hummer is not going to be sold to whatever the heck the name of that heavy equipment company was. In a move that is not really surprising, China may block the purchase because a) it has been trying to cut down the number of car companies, from about 500 to 10 by 2015, and b) because it has been trying to improve the efficiency and emissions of the Chinese car fleet. However, it has also c) been encouraging Chinese companies to buy overseas companies, which has often been met with resistance. This time the US govt. is practically begging for Hummer to be taken over (I dont think Obama wants to own Hummer - it just would not look right), and so there is still a chance I think that the deal will go through.
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