Well for sometime now we've all been under the assumption that Penske Automotive Group was going to acquire the Saturn brand from GM. The deal involved Penske buying the brand and GM would continue to provide Saturn vehicles on a contract basis...well it looks like that deal is off.
GM issued a statement tonight that states "Penske Automotive Group (PAG) has decided to terminate discussions with General Motors to acquire Saturn."
It looks like Penske was having problems finding other products to sell after the contract with GM ended. GM originally planned on only supplying the Outlook, Aura and Vue until the end of next year. As a result of this announcement, Saturn will officially join Pontiac and Oldsmobile six feet under.
Full Story: GM-Volt
Comments (9)
Thinning the herd....
Posted by Brian | September 30, 2009 2:53 PM
Posted on September 30, 2009 14:53
Now we won't have to watch that same ol Saturn commercial.
Posted by wvo | September 30, 2009 3:52 PM
Posted on September 30, 2009 15:52
What? I thought it was gone? Saturn isn't gone yet? What?
Posted by zippy | September 30, 2009 6:20 PM
Posted on September 30, 2009 18:20
Bye Saturn!
Posted by 426Hemi | September 30, 2009 6:20 PM
Posted on September 30, 2009 18:20
LOL, at the latest Saturn commercial. "Saturn has cars that Americans want to buy" Apparently not.....
I never really cared for Saturns. To me they just reminded me of cheap, economic, plastic cars up until two years ago.
Posted by SteelCity1981 | September 30, 2009 10:32 PM
Posted on September 30, 2009 22:32
Never got the opportunity to make it to the 20-years of sales milestone. I never owned one, but I did respect them.
Rust in Peace Saturn.
Posted by Mr. D | October 1, 2009 4:54 AM
Posted on October 1, 2009 04:54
Hopefully the end of an era of stunning mismanagement by GM and stunning abuses perpetrated by the UAW.
Posted by WS | October 1, 2009 5:04 AM
Posted on October 1, 2009 05:04
Good riddance!
I can't believe all these re-bodied and re-badged GM brands lasted this long. You can only disguise a POS in different wrappers for so long...
Maybe GM can at least catch up to Ford quality (however funny that may sound) now that they've trimmed most of the fat .
Posted by Noya | October 1, 2009 5:06 AM
Posted on October 1, 2009 05:06
Wait, Noya said WHAT?!?
(Wow I missed a lot!)
Posted by 426Hemi | October 1, 2009 8:50 AM
Posted on October 1, 2009 08:50