Wednesday, September 30, 2009

The End Of Saturn

Oh, this is a catastrophe! My car will become a historical oddity even as I still drive it around!:
General Motors Co.'s 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 Automotive Group . . . has decided to terminate discussions with General Motors to acquire Saturn," GM Chief Executive Fritz Henderson said in a statement. As a result, "we will be winding down the Saturn brand and dealership network."

No comments:

Post a Comment