February 17th Preview? Lutz Tells Automotive News that Despite Good Cars, Saturn "Probably" Dies

Uncovering Our New Outlook

Jamie LaReau from Automotive News: Bob Lutz says GM's struggling Saturn brand probably won't survive. "My personal favorite would be to see Saturn survive and prosper," GM's vice chairman told Automotive News. "But frankly, the reality is that that is probably not going to be the outcome." He added: "We spent a huge bundle of money in giving Saturn an absolutely no-excuses product lineup, top to bottom. They had a better and fresher lineup than any GM division, and the sales just never materialized. So we have to act on that. It's our duty." New Jersey Saturn dealer Stuart Lasser took Lutz's comments as confirmation of his worst fears. "That really seals our fate," said Lasser, owner of Saturn of Denville, Saturn of Mount Olive and Saturn of Livingston. Lutz, who announced last week that he will retire by year end, said GM lacks the time or resources to help the brand make a comeback.

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General Motors to Auction Near-Classics from Corporate Museum

Flashback Friday: 1,000,000th Saturn

Jalopnik.com reports General Motors will auction off a number of vehicles from its vaunted Heritage Center museum collection in an effort to raise cash to help offset the huge losses the company is faced with due to the global financial crisis. There are about 1000 vehicles of historical significance in storage that GM uses for the displays at the museum, but only about 150 to 200 of those vehicles can be featured at one time. On the list of vehicles to be auctioned are several notable Saturns from the past. The website says they will be sold at the upcoming Barrett-Jackson auction held January 13-19 in Scottsdale, Arizona.