GM Seeking Out Companies to Purchase Saturn?

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The Economic Times is reporting that bankers representing General Motors have approached more than a dozen firms about purchasing Saturn. Two of the firms that were reportedly on their list were Indian based automobile companies, Mahindra & Mahindra and Tata Motors. No other information was given. However, writers for the Economic Times surmised that Tata Motors may not be financially able to buy another brand after acquiring Jaguar/ Land Rover from Ford last year.

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First Saturn Prototype

This was the first Saturn demonstration prototype vehicle. It was completed for evaluation and shown to the media on September 15, 1984. General Motors Chairman and CEO at the time, Roger Smith, and GM's then-President and Chief Operating Officer, F. James McDonald, are pictured with the 1985 Saturn four-door sedan concept.