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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Just Bought My Sixth Saturn: a 2008 Astra XR3

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I said in the past I wold not buy another, but I just went ahead and purchased my sixth Saturn: a new 2008 Astra 3 door XR with 8873 miles. It was never registered and I will be the first owner. Yes, it is 2010, but this car was priced right and I had to either replace my Ion or start putting money into it, as it is 6 years old and has 93 thousand miles. I was car shopping and found this treasure.