Flashback Friday: First Saturn Sold Today in 1990

On this date in 1990, Saturn sold its first car. According to the St. Petersburg Times, the first Saturn - the blue SL2 sedan shown above - was sold just after midnight to Elaine Terry at Saturn of Clearwater. "I wanted an American-made car and decided to give it a try," Mrs. Terry told the newspaper. It was a 25th wedding anniversary present. USA Today and CNN were reportedly at the retail facility to document the event. "I kept it for 10 months and put over 5,000 miles on it. People all over the country wanted to buy the car from me. One man in Las Vegas was talking up to $100,000 for it." However, after some discussion with Saturn of Clearwater, she decided to sell it back to them so it could be put on display at the store. "We gave her two 1992 cars of her choice to get that original car back," recalls Scott Harlib, general manager of Saturn of Clearwater. "I got a new car and the other one went to my son, who was in college at the time and needed a car," she said. In addition, after talking about her car and ownership experiences at local dealership events in the months after her purchase, Saturn hired Mrs. Terry in 1992 to do public relations work for the company.

Source: St. Petersburg Times

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GM Announces Significant Production Cuts for Q1 2009

General Motors announced today a significant reduction of planned production for the first quarter of 2009 due to the ongoing and severe drop in industry sales, which were down 36% in November overall and 41% for GM (2007 vs. 2008). The impact of these and recently announced actions to adjust production with market demand, will result in the temporary idling of approximately 30% of GM's North American assembly plant volume during the first quarter of 2009 and will remove approximately 250,000 units from production.