Saturn Likely to Return its to Its Roots as a Lower-End, Competitive-Priced Car Company

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David Goldman and Peter Valdes-Dapena from CNNMoney.com: GM has said it will stop producing Saturn vehicles by 2011. GM would continue production of only the three highest-selling models: the Aura sedan, and the Vue and Outlook cross-over SUVs, for the next two years. The Saturn Sky and Astra models will be discontinued. To replace GM as the brand's manufacturer, Penske is in discussions with several global automakers. One likely replacement is Renault Samsung Motors of Korea, Automotive News reported. "We have been in discussions on a worldwide basis with many people that have an interest in this marketplace," Penske said. Still, much will depend on the quality of cars that it sells. "It's really going to depend on who Penske partners up with," said Jeremy Anwyl, CEO of Edmunds.com. "Even if it sells good, global-standard vehicles, Saturn will need to stand for more than just the retail experience." Penske said he wants Lajdziak to stay on at the company, and he also offered former Chrysler President Tom LaSorda a top spot at Saturn. Penske hired LaSorda in May as a consultant for the Saturn deal.

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2009 Cars Deals are Insane

Mark Solheim from Kiplinger: Auto sales in 2008 were the worst in 16 years, and this year could be even grimmer. Dealers desperate to move inventory off clogged lots are entertaining the lowest of low-ball offers. Add in generous cash rebates and low-interest financing - at least, for the most creditworthy customers - and screaming bargains abound. Bill Cormicle of Flint, Michigan, got a sweet deal on his new Saturn Vue, a model that was piling up on dealer lots.