Once, in a Galaxy Near and Dear, There was Saturn

Michael O'Rourke from the San Antonio Express-News: First came the news that Pluto is no longer a planet. Now, Saturn will no longer be a car? These are strange times to be living in our universe. I never owned a Saturn. My brother had one. When he bought it my first question was, "Did they do it? Did they all come out and clap for you?" Not only did all of the Saturn employees come out to the showroom floor and clap for my brother's new purchase, but they all signed his temporary license plate with "Good luck" and "Drive Safe" surrounded by smiley faces and caricatures the way co-workers sign the office birthday card that gets passed around. It was like buying a car at a TGI Fridays! At least, that is how the commercials made it seem. That is why I always liked Saturn. Its slogan seemed to encapsulate the Saturn experience. It was, as touted, "a different kind of car company." Anyone old enough to ever purchase a car had to be drawn by Saturn's revolutionary "no haggle" pricing policy. The sticker price was the price. No back and forth. No "My manager is going to kill me for bringing him this offer, but I will do my best." No overwhelming feeling that you just got screwed. Last week Saturn announced it would cease to exist. It was a surprise, as it looked like Penske Auto Group was going to purchase Saturn from GM. Like the Volkswagen Bug before it, we will see fewer and fewer of these cars as the miles and time tick by. Maybe children will start playing "Slug Saturn" when they spy a remaining S-series tootling down the road.

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Mysterious Ohio Based Investment Group Arises as a Potential Buyer

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Update on May 7th: Leading negotiations for this group is Gary Marvicsin. Detroit News reports that he is employed in the auto industry.

Detroit News reports that there is a mysterious Ohio based investment group interested in acquiring Saturn. Unlike the other interested buyers, this group has developed a concept to keep the company domestically based. According to the article, the group is interested in purchasing domestically abandoned manufacturing plants to produce Saturns. Chrysler plants that are targeted to close due to bankruptcy troubles were specifically mentioned. The group wants to continue to employee UAW workers at these plants. While recognizing the high costs associated with employing union workers, such as benefits and pensions, the group believes that it is the right move for two reasons.