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Started by Charlie Apr. 10, 2008.
There are still technically a couple of hours still remaining in July 3rd, but with the sound of fireworks booming somewhere nearby, I thought it would be appropriate to wish everyone at SaturnFans.com a Happy Independence Day a little early.
Two days after the Wall Street Journal reported that General Motors has been formally discouraging Saturn retailers from touting Roger Penske's planned purchase of the brand, comes word that GM has also pulled funding for a number of popular incentive programs that were previously offered by Saturn stores.
Saturn stores delivered 7,520 vehicles in June, down 60.2% from the same time last year when sales consultants sold 18,912 cars and crossovers. Year-to-date sales are down 58.1% to 42,776 units. The Outlook was the only model in Saturn's lineup to record a sales increase last month.
Jim MacPherson from the Chicago Tribune: One ironic aspect of the pending sale of the Saturn Division by General Motors to Roger Penske has received little, if any, media attention. In one fell swoop, General Motors will create what automakers have spent decades trying to avoid: a significant independent dealer group that can negotiate with automakers from a position of power on matters governing pricing, vehicle features, and design.
Myra Mathis Flynn from the Burlington Free Press: If car companies are having tough economic times, you wouldn't know it by looking at Saturn of South Burlington. Their philanthropic presence has been alive and well in the community for years and they aren't going to let a pesky little recession hold them back.
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