Report: GM Stopped Production of all Saturns Last Thursday

David Thomas from Cars.com: Current owners' warranties are still fully backed by GM and will be serviced by other GM brand dealerships — Chevrolet, Cadillac, GMC and Buick. As of September 1, Saturn's total inventory was 14,700 units, according to Automotive News data. Saturn representatives say there is an inventory of 12,000 vehicles on dealer lots and in transit. The company sold 1,303 vehicles in September, which by our math leaves about 10,700 - 13,400 Saturns out in the wild. Saturn says the 12,000 figure is good for four months of sales. Using real-world sales (that's 1,303 per month), it seems they have nearly nine months of inventory.

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Developing Story: Penske Backs Out of Deal, General Motors to Close Saturn

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With negotiations expected to finalize tomorrow, Roger Penske shockingly announced to GM and the public today that he is backing out of the deal after failing to secure a manufacturer for the brand. For a couple of months now, Penske has been courting Renault-Nissan in an effort to outsource a model for the Saturn brand.