One problem related to power steering light on has been reported for the 2008 Saturn Outlook. The most recently reported issues are listed below. Please also check out the statistics and reliability analysis of the 2008 Saturn Outlook based on all problems reported for the 2008 Outlook.
I went through a puddle of water that was on the road. About 2-3 minutes after going through the puddle my power steering went out. The engine began to loose power as the battery light went out also. I waited about 2 minutes and the steering was restored. I did research and found out that other 2008 Saturn Outlook owners had this problem and there was a repair bulletin number 07-03-32-010. Which stated that water would get in this engine causing the above mentioned condition and that gm recognized this flaw and added an mudguard in subsequent year models. I called gm and they had no information on this service bulletin and suggested I go to a dealer for service.