Saturn Closing

Sales Consultant: What They Can’t Take from My Showroom

They can take my new Saturn cars. They can take my Saturn signage. They can take my Saturn uniforms. But...

Saturn Deal Collapses After Renault-Nissan Backs Out

Samsung SM3

Tim Higgins from the Detroit Free Press: General Motors said today it would shut down Saturn after respected Detroit businessman Roger Penske shocked GM and 350 Saturn dealers by saying that his plans to buy the storied brand had fallen apart. The announcement came a day before GM and its dealers expected the deal to be finalized.

Penske Breaks Off Talks with GM for Saturn, Brand to Go Away

Michelle Krebs from Edmunds Auto Observer: In a surprise move, Penske Automotive Group terminated discussions with General Motors to acquire Saturn due to its inability to secure agreements for the future supply of vehicles beyond what it had negotiated with GM. As a result, GM will wind down Saturn much as it is doing now with its Pontiac division.

GM to Close Saturn After Penske Ends Talks

From the Associated Press via MSNBC: GM will stop making Saturns as soon as possible, but no layoffs are expected, said spokeswoman Sherrie Childers Arb. GM had stopped building the Aura midsize sedan in Kansas City, Kansas, and will not resume assembling them. Production of the Outlook large crossover near Lansing, Michigan, and the Vue small crossover vehicle in Ramos Arizpe, Mexico, will be phased out as soon as possible, she said.

General Motors to Wind Down Saturn Brand After Penske Halts Talks

Mike Ramsey and Bill Koenig from Bloomberg: General Motors will close Saturn, the brand created 24 years ago to mirror Japanese companies' carmaking, after Penske Automotive Group broke off discussions to buy the unit. Penske, operator of 310 auto retailers, backed out because of concern it wouldn't have access to cars and sport-utility vehicles after 2011 when GM was due to stop supplying them, Penske said in a statement. Renault SA's board rejected a deal to build cars for Saturn, a person familiar with the talks said.

GM Says it Will Close Saturn After Sale Falls Through

Ken Bensinger from the LA Times: General Motors' deal to sell Saturn to the Penske Automotive Group has fallen through, forcing the automaker to shutter the brand altogether. The sale had been expected to be completed as soon as this week.

Penske Calls Off Saturn Deal with GM

From the Detroit News: Detroit tycoon Roger Penske has terminated a deal with General Motors for the Saturn brand after Penske's prospective provider of new vehicles pulled out. The deal broke down after the Renault-Nissan Alliance decided Wednesday not to proceed with a deal to supply Penske with future vehicles for Saturn dealers, according to a source familiar with the discussions.

GM President & CEO Fritz Henderson: Penske Discussions Terminated, Brand to be Shutdown

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General Motors Media Statement Attributed To President & CEO Fritz Henderson: Today we learned that Penske Automotive Group (PAG) has decided to terminate discussions with General Motors to acquire Saturn. This is very disappointing news and comes after months of hard work by hundreds of dedicated employees and Saturn retailers who tried to make the new Saturn a reality. PAG's announcement explained that their decision was not based on interactions with GM or Saturn retailers.

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2009 Saturn Sky Red Line Ruby Red Limited Edition

2009 Saturn Sky Red Line Ruby Red Limited Edition

For 2009, Saturn is offering a limited edition of the Sky Red Line roadster. The special vehicle features unique 18" split-spoke wheels, ruby red exterior, and distinctive hood and deck lid stripes. In addition, the Ruby Red Limited Edition Sky has sport-inspired red stitching on seats, steering wheel, shift knob, and doors.