Saturn’s Sad Story Nears an End

David Welch from Business Week: The long, sad saga of Saturn is finally over. The once-hot General Motors division that began with a bang 19 years ago is now headed into oblivion after a deal to sell it to retailer Penske Automotive Group fell apart on September 30. The chain of auto dealerships released a statement saying it couldn't find a source to manufacture new car models after 2011, when GM was scheduled to cease production of the existing Saturn models. In an interview in early August, GM CEO Frederick A. "Fritz" Henderson said the decision to sell Saturn was aimed at taking care of longtime dealers. It wasn't about a business strategy for GM. When asked if he was handing a rival carmaker a strong retail chain that could take market share from GM, Henderson replied, "We're not going to make it easy for them."

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New-for-2009 Saturn Vue XR 2.4L Announced

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It's pending arrival has been rumored for several weeks, but now it is official: Saturn recently announced the availability of a new 2.4L version of it's uplevel Vue XR sport-utility on the brand's ImSaturn social networking website. Spokesman Mike Morrissey revealed some of the features that will be offered in the vehicle. "At Saturn, we don't think you should not have to give up cool vehicle features just to save money at the gas pump," he wrote. "That's why we are introducing a new version of the well-equipped Vue XR with an efficient four-cylinder engine."