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 the month.
Those looking to buy a new Saturn can either get $4,000 off any 2008 or 2009 model or 0 percent financing for 72 months. GM is also sending current Saturn owners an additional $1,000 cash regardless of whether they trade in their Saturn or not.
“They have to have owned or leased their Saturn vehicle for a minimum of six months to qualify,” said GM spokesman John McDonald. “They get $1,000 cash, and that can be combined with other incentives.”
GM said today that Saturn had 9,400 vehicles in its inventory in the United States at the end of October.
– By: Omar Rana