Wednesday, April 29, 2009

GM accelerates Saturn shutdown to this year; no plans to rebadge Pontiac models

From Automotive News:

By Richard Truett

General Motors plans to build the last Saturn vehicles this year, two years earlier than planned, as it speeds up plans to shed dealerships and divisions, CEO Fritz Henderson said today.
The Saturn brand still may survive if GM can sell it to another automaker or investor, but GM no longer will build vehicles for Saturn after the 2009 model year, Henderson said on a conference call.
In its Feb. 17 plan submitted to the U.S. auto task force, GM planned to build Saturn vehicles through 2011. Under a revised plan announced today, GM will shed Pontiac next year, leaving the automaker with just four U.S. brands: Chevrolet, Cadillac GMC and Buick.
Henderson also said that GM no longer will build Hummer vehicles after the current model year.

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