Retailers, Owners Shocked Over End of Saturn

Steve Manning from the Associated Press via MSNBC: Charlie Eickmeyer says he was a fan of Saturn vehicles years before he was able to drive. Today he's in shock. "It seemed like the deal was going through," said Eickmeyer, 34, who started following Saturn when he was 10 years old and now runs a Web site for enthusiasts of the brand. "I was really excited about the next chapter in Saturn's history." The chapter was supposed to be a future under former race car driver Roger Penske with the novel approach of filling dealerships with cars made overseas and rebranded as Saturns. Instead, the collapse of talks between GM and Penske Automotive Group Inc. this week likely means the end of the nearly 25-year-old brand, sending Saturn dealers like Martin and Day Automotive scrambling over what to do with their soon-to-be empty showrooms and leaving the company's loyal owners mourning the apparent demise of a company that built its reputation on customer care.

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2009 Cars Deals are Insane

Mark Solheim from Kiplinger: Auto sales in 2008 were the worst in 16 years, and this year could be even grimmer. Dealers desperate to move inventory off clogged lots are entertaining the lowest of low-ball offers. Add in generous cash rebates and low-interest financing - at least, for the most creditworthy customers - and screaming bargains abound. Bill Cormicle of Flint, Michigan, got a sweet deal on his new Saturn Vue, a model that was piling up on dealer lots.