Another week has passed, yet the story remains the same: the auto industry is struggling, and its future is uncertain. This week, we bring you stories about the future of Saturn as well as the probability of GM filing bankruptcy. But don’t worry, it’s not all doom and gloom this week. You’ll also find some general interest stories that are sure to teach you something new. Enjoy!
- Unsure of Saturn’s Fate, Dealerships are Closing
Despite the company’s heavy advertising campaign conveying they’re here for us, the future of Saturn is anything but certain. GM plans to drop Saturn along with 2 other brands. In the meantime, Saturn dealerships throughout the country have been closing down. A group of investors is reportedly bidding to save Saturn, but only time will tell what will happen to the brand.
- GM CEO: Bankruptcy probable, not preferred
GM officials have said for weeks that they wish to find a way to restructure out of court instead of filing bankruptcy. However, it’s becoming more and more clear that filing for bankruptcy is a near certainty for the automaker. Just how quickly the company is able to get through this massive undertaking is yet to be seen.
- Toyota reportedly expects 40,000 pre-orders for new Prius
Over the past few weeks, one of the big stories in the auto industry has been the battle between Honda and Toyota for hybrid sales dominance. According to some sources, Toyota claims it expects 40,000 pre-orders for its new Prius in Japan. The company sold just over 70,000 total Prius hybrids in Japan in all of 2008, so this number certainly seems a bit high. Let the battle continue.
- How long will it take for your car to decompose?
Here’s an interesting story for all you green-minded readers. How long does it take for your car to decompose? A recent study examined all the major pieces of an automobile to estimate how long it takes for each piece to rot away. The results are interesting.
- AAA picks 10 best new vehicle technologies, thinks green
Technology is always changing. Vehicle makers are constantly coming up with new technology for increasing gas mileage or reducing emissions. So, which new vehicle technologies are the most impressive? AAA came up with a list of the 10 best new vehicle technological advances. The list has a heavy slant toward green technology. Check it out for yourself to see what you think.
Did any auto stories catch your eye this week? Share them with us in the replies!
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