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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Sources: Saturn to Discontinue Vehicle Exchange Program in the New Year

SaturnFans.com has learned from several reliable sources that Saturn will discontinue its Vehicle Exchange Program (VEP) on December 31, 2008 in an effort to cut costs and help create a more profitable business model for the company in the future. The program will reportedly continue to be offered on new Saturn vehicles sold and delivered through the end of the month.