Report: Dealers May Have the Upper Hand as Automakers Look to Consolidate

Bob Cox from the Star Telegram: To hear auto industry analysts tell it, one thing General Motors must do in order to survive is eliminate Conrad Holt's business and many others like it. Holt owns Saturn of DFW, the three Tarrant County dealerships that sell GM's relatively small, unprofitable Saturn brand, which many analysts say should probably just go away. Not Holt. He wants to see the Saturn brand and his business survive. "I feel like Saturn is part of the solution, not part of the problem," Holt said. Even in this very difficult economy, with auto sales in the Metroplex off 40 percent in November, Holt says his three small locations — in Hurst, Fort Worth and Arlington — are viable businesses. And as long as Holt, and dealers like him, want to stay in business, it's going to be hard for manufacturers to close them down.

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Saturn Brings Back 0% Financing as the Company Boosts Production of Popular Fuel Efficient Models

Yesterday General Motors announced a series of initiatives designed to jumpstart June sales of its 2008 models, and grow volume in certain key segments of the marketplace. To boost sales, the company plans a "72 Hour Sale" with 0% financing and cash back opportunities on "over 80%" of its vehicles, according to Automotive News.