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Did you hear about Saturn closing? The automotive industry just keeps crumbling. Just a few months ago it was reported that the popular GM brand Saturn would not close, rather sell operations to Penske Auto Group.
If GM had a deal with Penske Auto Group, why is Saturn Closing? Penske Auto Group depended on a third-party automaker for the deal to work. The third-party automaker backed out of the deal, leaving GM with no option other than to close Saturn Closing a Bold Automotive Company Goes Under Saturn.
Since Saturn is closing, there will be several dealerships that go out of business entirely. Most Saturn dealerships only sold Saturn cars. This is unlike other GM brands such as Chevy, where one dealer could sell Chevy, Buick, and GMC vehicles.
Saturn closing will have a profound effect on the state of Tennessee. Saturn is headquartered in Spring Hill, Tennessee. The first Saturn was driven off the assembly line in Spring Hill, Tennessee by Chairman Roger Smith and UAW President Owen Bieber in 1990. 19 years later, Saturn is closing.
My mother and brother both owned 1990 model Saturn vehicles. My brother's Saturn was a silver 2-door coupe with an Alpine sound system. My mother's was a blue four door compact sedan. My brother's car was side-swiped by racing drunk drivers later the same year he bought it - he walked away with a few stitches. My mother's car lasted several years.
Many people are saddened by the "Saturn closing" news. The deal with Penske was a sigh of relief for those who desire Saturn vehicles. Luckily for current Saturn owners, GM dealerships will service the Saturn car.
According to the Pricewheels Blog, "350 Saturn dealerships will close and 13,000 jobs will be lost when Saturn shuts down...Saturn pioneered the 'no haggle' car buying experience, but if you're in the market for a new car, you should definitely consider taking advantage of the great deals that will start popping up on Saturns as the company begins the shutdown process. As word spreads that Saturn will be closing, the company's cars and SUVs should be available with a hefty discount."
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