07-01-2009
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#55 (permalink)
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2200 Post Club
Join Date: Jan 2003
Location: Chapel Hill, TN
Posts: 2,267
Real Name: Harold Collins
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Off to car heaven: Saturn, Saab, Hummer
Say goodbye to Saturn. And Saab and Hummer, for that matter. Pontiac, too, for all intents and purposes.
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Production of Saturn cars would stop in 2011 if the brand hasn’t been sold, GM said. Execs will decide whether to pull the plug on Hummer at the end of March, though rumors of Chinese interest have emerged (and been discounted) several times. The company says Saab will be an “independent business entity as of Jan. 1, 2010.” Take that to mean “dead” unless a reluctant Swedish government can be convinced to step in. Pontiac will emerge as a “highly focused niche brand” sold through Buick and GMC Truck showrooms.
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For good or bad, GM has chosen its horses: Chevrolet, Cadillac, Buick and GMC. Would those be yours?
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Off to car heaven: Saturn, Saab, Hummer - Smart Spending Blog - MSN Money
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