Archive for 'Saturn'

GM offering big incentives to clear Saturn inventory, get $4,000 off 2008, 2009 models

Posted: Nov 03, 2009
Filed under: GM, Industry News, Saturn

General Motors’ efforts to sell Saturn to Penske Automotive Group fell through last month. The automaker is no longer producing Saturn vehicles as it proceeds to shutdown the brand completely. According to Automotive News, in an effort to clear out the remaining Saturn inventory, GM today launched an incentive program that runs through the end of [...]

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Saturn’s Jill Lajdziak to retire by the end of 2009

Posted: Oct 27, 2009
Filed under: GM, Industry News, Saturn
Saturn’s Jill Lajdziak to retire by the end of 2009

Jill Lajdziak, who joined General Motors’ Saturn brand before its first car was ever sold, will retire from the company by the end of 2009. Lajdziak, 52, led the Saturn brand through its demise last month.
She will take vacation time until her retirement said spokesman John McDonald. In the mean time, GM’s Steve Hill will coordinate [...]

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GM looking to get rid of Saturn inventory within the next 4 months

Posted: Oct 05, 2009
Filed under: GM, Industry News, Saturn
GM looking to get rid of Saturn inventory within the next 4 months

Following Penske Automotive’s termination of talks with General Motors to acquire Saturn, the Detroit automaker has halted production of the brand’s cars and crossovers and plans to sell the thousands of units left in its inventory within the next four months.
GM said that many of the vehicles were built to supply Penske Automotive. GM spokeswoman [...]

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Saturn dealers still looking for a future without GM, hoping Penske will revive deal

Posted: Oct 01, 2009
Filed under: GM, Industry News, Saturn
Saturn dealers still looking for a future without GM, hoping Penske will revive deal

By now, most of you know that Penske Automotive Group has terminated its discussions with GM to buy Saturn. According to a report by Automotive News, some Saturn dealers say they will look for other franchises now that Penske has canceled plans to acquire Saturn. Others say they will wait and see if Penske revives [...]

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Carlos Ghosn was not in favor of supplying Penske with cars for Saturn dealers

Posted: Oct 01, 2009
Filed under: GM, Industry News, Saturn
Carlos Ghosn was not in favor of supplying Penske with cars for Saturn dealers

Coming as a shocker to most of us, Penske Automotive Group announced yesterday that it has “terminated its discussions with GM to buy Saturn, citing concerns directly related to the future supply of vehicles beyond the supply period it had negotiated with GM.”
Originally, Pesnke’s plans were to sell GM made models for the next three years. [...]

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BREAKING: Penske terminates deal to buy Saturn from GM, Saturn brand and dealers will be shutdown

Posted: Sep 30, 2009
Filed under: Breaking, GM, Industry News, Saturn
BREAKING: Penske terminates deal to buy Saturn from GM, Saturn brand and dealers will be shutdown

Just yesterday we reported that General Motors Company was to announce the sale of Saturn to Penske later this week. Well, things have shockingly changed. Penske Automotive Group just announced that it has terminated its discussions with GM to buy Saturn, citing concerns directly related to the future supply of vehicles beyond the supply period it [...]

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Report: GM to announce Saturn sale to Penske this week

Posted: Sep 29, 2009
Filed under: GM, Industry News, Saturn
Report: GM to announce Saturn sale to Penske this week

According to news coming out of Detroit, General Motors Company will announce Wednesday or Thursday that it has completed the sale of Saturn to Penske Automotive Group. GM has not confirmed the report.
Roger Penske has previously said that Saturn dealers will sell GM made models for at least three years through their current lifecycle and [...]

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Penske to complete Saturn purchase from GM by September

Posted: Jul 30, 2009
Filed under: GM, Industry News, Saturn

Penske Automotive Group’s founder and chairman Roger Penske, said that his company plans to buy Saturn from General Motors Company by the end of September. He said that he was considering using the Saturn brand to sell vehicle sold outside North America, but is focused first on the U.S. and Canada, reports Automotive News.
“I think [...]

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GM ends production of Pontiac Solstice, Saturn Sky in Delaware

Posted: Jul 29, 2009
Filed under: GM, Industry News, Pontiac, Saturn
GM ends production of Pontiac Solstice, Saturn Sky in Delaware

As we look forward to our 2009 Pontiac Solstice Coupe GXP press car next week, today marks the last day of operations for GM’s Boxwood plant in Delaware – the plant responsible for building GM’s Kappa-platform roadster, the Pontiac Solstice and the Saturn Sky (and the recently introduced Solstice Coupe).
Both models, which sold well for General [...]

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Kia sees opportunity in closed Saturn dealers

Posted: Jun 23, 2009
Filed under: Industry News, Kia, Saturn
Kia sees opportunity in closed Saturn dealers

An estimated 70 Saturn dealerships closed this year before the brand’s savior Roger Penske announced plans to acquire it from General Motors and keep all the dealers in business. Penske Automotive Group will now be looking to fill Saturn stores with vehicles from other brands – and Kia isn’t one of them.
Nonetheless, Kia saw a [...]

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