Upcoming Saturn Corsa Won't be Built in Europe

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Opel Corsa Design Sketch

Just-Auto.com reported this morning that Bob Lutz told Automobilwoche magazine earlier this week that Saturn will sell a version of the next-generation Opel Corsa in the United States. While news of the Saturn Corsa isn't necessarily new news, the GM vice chairman did add one important detail: the subcompact (it hasn't officially been dubbed 'Corsa' by Saturn) will not be built in Europe. More importantly, the UK auto news site wrote that Lutz indicated GM "would not rule out building the car in the US."

With the weak value of the U.S. dollar, importing cars from Europe is not a viable long-term option. "We generally like to build where we sell," Fritz Henderson, GM's chief financial officer told Automotive News last week at the North American auto show in Detroit. "With the euro being at $1.49, it reminds me of why that is a really good idea."

Unfortunately, Saturn fans may have to wait awhile before the small Saturn is available for sale on retailer lots. "The next generation Corsa is not due until at least 2012," wrote Just-Auto. "Lutz said he would not consider bringing the current model to the US - he would wait until the next generation model is ready."

Source: Just-Auto, Automobilwoche, Automotive News

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Report: With Retailer Support, Saturn Could Return to its Roots and Get Another Lease on Life at GM

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Opel Corsa Design Sketch

The headline of an article in the Los Angeles Times two days ago read like many other articles published in newspapers and blogs all over the Web this week: "GM may pull plug on Saturn." But if you read the whole story written by Ken Bensinger, the article painted a much more optimistic picture for Saturn - one that's been overshadowed by the drama on Capitol Hill and the countless reports that speculate Saturn's days are numbered.