Future Saturn: The quarry of Chinese automaker?
Saturn has been told that its production will come to a stop in 2010 to relieve the parent company, GM, of any loss making brands. This leaves the entire Saturn sales network up for grabs, which given the current amount of speculation has hinted that an up and coming Chinese car company may well be interested in grabbing the sales network which covers the prodigal auto market of the USA which Chinese automakers have made a great deal of fuss about entering.
Pricing, or potential suitors for the Saturn network have yet to be leaked, but possible buyers maybe BYD, or Brilliance, or even Chery. All of which have made a great deal of noise about entering the US automotive market in and around 2010.
GM are currently in full survival mode, and are keen to off load any superfluous brands that they may have laying around, Hummer, Saab, and now Saturn all appear to be leaving the nest at some point in 2009.
source: chinacartimes
Tags: GM, Hummer, Saab, Saturn


dabizi
May 20, 2009 10:50 pm
Penske is now looking at Saturn. It just might be the best match.