Penske

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.

Farewell to Saturn’s Utopian Dream

Pam Platt from the Courier Journal: It wasn't just the new-car smell that made me want to swoon when I went to the Saturn dealership. It was exactly as my friend said: Nice people, no games, really nice cars, good prices. The Saturn salesman went a mile better than smacking the car seat and ordering me to sit. He let me drive the wagon for a couple of days so I could see how I liked it.

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.

GM, Retailers Begin the End to Saturn

Robert Snell from the Detroit News: Dealers have until the end of October 2010 to close, but many will be gone by January because inventory is low, dealers said. The automaker will begin winding down Saturn dealers, who are being offered between $100,000 and $1 million to stay open and gradually sell inventory.

Renault Says Saturn Deal "Just Didn’t Add Up"

Lindsay Chappell from Automotive News: In the eleventh hour of Roger Penske's venture to acquire Saturn from General Motors to keep the brand alive, Renault's executive committee in France concluded, "Ca fait deux." Rough translation: "It's not going to come together." Despite Penske's statements that his organization had been in discussions with automakers around the world, ultimately his hopes had been pinned on only one: Renault.

Saturn Couldn’t Escape GM’s Dysfunctional Orbit

Paul Ingrassia from the Wall Street Journal: General Motors and the United Auto Workers union have waged war against each other—sometimes hot, sometimes cold—for most of the past 80 years. One of the few things on which they collaborated, sadly, was undermining Saturn, which began as the boldest effort to reform the dysfunctional dynamics of their relationship.

Sudden Death of Saturn Marks End of GM Dream

Paul A. Eisenstein from MSNBC: It's been nearly a quarter-century since General Motors Chairman Roger Smith stunned the automotive world by announcing that GM would create an all-new car division, called Saturn. But 25 years later, Saturn's once high-tech factory, and Saturn itself, are closing down, testimonies to the failures of Smith, and the CEOs who followed him, to fix GM's problems.

Saturn Leaves GM’s Orbit

Karl Greenberg from MediaPost: What's done is done, but analysts say GM's mercy killing of the brand that it launched in the '80s as an experiment to battle the imports is a history of wasted potential. Peter Kloprogge, CEO and president of New York-based market research firm Pointlogic, says Saturn stood out among Detroit brands because it did not suffer from amorphous-brand syndrome: GM, Ford and Chrysler have had to deal with brands whose raison d'etre was no longer relevant or that had placeholder identities. Saturn was the only brand that consumers didn't lump together conceptually with other GM brands in a new segment study.

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. So were employees at Day Automotive Group in Pittsburgh when they read the news online that a deal to rescue Saturn had fallen through.

Opinion: The Ride’s Over for Saturn Lovers

From the Ventura County Star: Started in 1985 to compete with small, fuel-efficient Japanese imports, Saturn was meant to operate independently of the parent company — and for a while it did, building an enthusiastic customer base — almost cultlike — that it hosted for an annual reunion and picnic at its Spring Hill, Tennessee, plant. Unfortunately, the brand never made money and the plant quit making Saturns in 2007. But, to hear Saturn buffs tell it, the massive GM bureaucracy intruded more and more in the running of the company, and it was slow to introduce new models in a fast-changing market.

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Saturn Astra's Taut Design Reinforces its Fun-to-Drive Promise

When the '08 Saturn Astra arrives later this year, the first thing people will notice is its striking exterior design. It shares familial genes with its Opel cousin, while maintaining an unmistakably Saturn flair. It is a detailed design that incorporates signature styling cues, including a bold, bright grille bar with prominent Saturn logo.