GM Laying Off More Workers in Delaware

2009 Saturn Sky

Andrew Eder from the Delaware News Journal: In the midst of a fight for survival, General Motors Corp. is laying off more workers in Delaware as the automaker slows production at its Boxwood Road assembly plant. GM spokesman John Raut said 90 employees will be affected by a "re-rate" at the 62-year-old factory near Newport, where the Pontiac Solstice and Saturn Sky are assembled. The plant is idle this week to implement the re-rate, which will cut production at the plant from 7.5 jobs per hour to 4.5 jobs per hour. GM said that it sees some signs of life in the auto market - its March sales were down 45 percent compared with a year ago, but up 23 percent from February levels. The numbers remained dismal for the Delaware-built roadsters, however. Sales of the Solstice in March dropped 74 percent from a year ago to 317 vehicles. Sales of the Sky were down nearly 80 percent to 240 vehicles.

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Confirmed: GM Plans to Sell Saturn

GM Renaissance Center

In a news brief today, GM confirmed that there a several buyers interested in purchasing Saturn. While no specific names were mentioned, the company anticipates a sale to be made by the end of the year. The company advising the sale of the brand is S.J. Girsky & Co. Speculations abound as to which parties are interested in purchasing the brand. Last month, Black Oak Partners, based in Oklahoma City, confirmed it's interest in purchasing the brand. Rumors speculate throughout the media that the company is also looking for potential buyers in foreign markets such as China and India. Both countries are eager to gain market share in the United Sates.