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Old 04-30-2009, 05:57 PM   #3
eelfliw
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eelfliw is on a distinguished road
 
Join Date: Aug 2003
Location: Mississauga, ON
Posts: 207

2009 Outlook XE
2002 SL
Default Re: General Motors Plans to Sell Saturn this Year

I read this as saying that GM is badly in need of cash to keep its other plans going. So it needs to sell Saturn sooner rather than later.

If GM still has lots of cash on hand, it can wait out the recession (as originally announced, in 2011) and see sales numbers improve before selling Saturn for, hopefully, a higher price. But if it has to liquidate NOW, then GM needs cash fast.

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