GM May Complete Saturn Shutdown by the End of March, Not October 2010 as Previously Announced

GM Logo

From AutoWeek: "All of our efforts will be to sell down our remaining 2009 inventory," Susan Docherty, GM's vice president of U.S. sales, said today at a press event. "We'll have a little bit of carryover of that into the first quarter of 2010, but the objective is to keep our inventory somewhere between 425,000 to 450,000 units." Docherty said she is confident that GM will clear out the 2009-model-year inventory by January. Meanwhile, the company likely will shutter its Pontiac and Saturn brands by the end of the first quarter, Docherty said. GM has only about 10,000 Pontiac vehicles left and 8,000 Saturns, she said. "We're actually winding down those products quicker than we had anticipated," he said.

Random Article from the SaturnFans.com Archives

Penske Expresses Concern

Tags:
Roger Penske

Today it was confirmed that Roger Penske is indeed interested in Saturn. However, at this point it is only an "interest." He has not officially offered a proposal to GM. In a statement offered to the press, he expressed concern over General Motors' short deadline to sell off the brand. Earlier today, Detroit News reported that GM, under the advisement of S.J. Girsky & Co.