  We study the possibility of achieving metastable de Sitter vacua in general
N=2 to N=1 truncated supergravities without vector multiplets, and compare with
the situations arising in N=2 theories with only hypermultiplets and N=1
theories with only chiral multiplets. In N=2 theories based on a quaternionic
manifold and a graviphoton gauging, de Sitter vacua are necessarily unstable,
as a result of the peculiar properties of the geometry. In N=1 theories based
on a Kahler manifold and a superpotential, de Sitter vacua can instead be
metastable provided the geometry satisfies some constraint and the
superpotential can be freely adjusted. In N=2 to N=1 truncations, the crucial
requirement is then that the tachyon of the mother theory be projected out from
the daughter theory, so that the original unstable vacuum is projected to a
metastable vacuum. We study the circumstances under which this may happen and
derive general constraints for metastability on the geometry and the gauging.
We then study in full detail the simplest case of quaternionic manifolds of
dimension four with at least one isometry, for which there exists a general
parametrization, and study two types of truncations defining Kahler
submanifolds of dimension two. As an application, we finally discuss the case
of the universal hypermultiplet of N=2 superstrings and its truncations to the
dilaton chiral multiplet of N=1 superstrings. We argue that de Sitter vacua in
such theories are necessarily unstable in weakly coupled situations, while they
can in principle be metastable in strongly coupled regimes.
