Muckety mover - GM will shut down Saturn

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.

Tweet This! Share on Facebook

Click here to sign up for the Muckety Newsletter

• Roger Penske one of the few heroes left standing in Detroit - June 8, 2009
• GM’s Wagoner forced out - March 30, 2009
• Giuliani likes roar of Nascar engines - November 19, 2007
• Muck tracker - Richard Egan dies - August 30, 2009
• Michael Moore defends the car guys, sort of - December 4, 2008
• Leo Hindery’s generosity helped cause Daschle’s woes - February 2, 2009
• GM considers move from Detroit’s Renaissance Center - May 14, 2009
• Jonathan Rubinstein is named CEO of Palm - June 10, 2009
• Muckety mover - The extradition web - October 7, 2009
• Muckety mover - Oscar’s spread a little thin - June 24, 2009