Saturn in Times Square

Saturn in Times Square

Saturn "took over" Times Square for a special event prior to the start of the New York Auto Show on Tuesday, April 11, 2006 in New York. Saturn used the event to introduce three new Saturn vehicles - the Sky Red Line performance roadster, the Outlook crossover vehicle, and the Aura midsize sedan. Click here for more photos.

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General Motors, Saturn LLC, and Saturn Distribution Corporation All File for Bankruptcy Protection

GM Logo

As expected, GM filed for bankruptcy protection this morning in a New York based Bankruptcy Court. Fritz Henderson, GM's CEO, told reporters that "Our agreement with the U.S. Treasury and the governments of Canada and Ontario will create a leaner, quicker more customer-and completely product-focused company, one that's more cost competitive and has a competitive balance sheet. This new GM will be built from the strongest parts of our business, including our best brands and products."