Saturn Meets Its Maker
Author: OuttaTime
The auto bailout provided much needed life support to America’s Big Three car companies, but there are still going to be some casualties. In order to pare their costs, General Motors is stripping unproductive manufacturers for their rota. One of the unfortunate companies that will no longer be under the GM name is Saturn.
After Penske Automotive removed their bid for the company late in 2009, it appears as if Saturn will be closing its doors permanently late in 2010. Originally branding themselves as different kind of car company, Saturn was unable to convince the public that the difference it provided was superior to the competition. As the company fades away, a Saturn watch and other memorabilia will certainly become collector’s items.
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