
In an age of dramatic falls, Saturn’s is still stunning.
When it was launched in 1985, Saturn was conceived as “a different kind of car company” - one that could compete with foreign manufacturers. The plant in Spring Hill, TN, was supposed to be a factory of the future.
General Motors had hoped to sell as many as half a million vehicles a year. It never reached the 300,000 mark.
More recently, the beleaguered automaker had hoped to sell Saturn operations to race-car-driver-turned entrepreneur Roger Penske. However, Penske couldn’t find a manufacturer.
GM CEO Fritz Henderson announced Wednesday that Saturn operations will be wound down, and some 350 dealerships will be closed.
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