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Is Pontiac / Saturn officially closed down? (2011)??

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Old 09-30-09 | 08:07 PM
  #46  
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Originally Posted by SLegacy99
Seems to me like this kind of PR will hurt GM.
Agreed....and deservedly so.

I don't understand how they think losing one of their best lines helps the company in the long run.

I wonder what happened to all the execs that originally contributed to Saturn's growth and success. Probably let go for having too much business sense.
Old 09-30-09 | 09:16 PM
  #47  
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.....and I repeat SATURN IS CLOSED. http://www.msnbc.msn.com/id/33107120/ns/business-autos/

My sources win, Saturn employees lose.

This used to be GM's pride and joy. I still remember the day they launched Saturn. They were so proud of it.
Old 09-30-09 | 09:43 PM
  #48  
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personally saturn make some good lookin cars in my opinions...
Old 10-01-09 | 12:30 AM
  #49  
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Originally Posted by lims407
personally saturn make some good lookin cars in my opinions...
they're not making any cars now or forever more.

so that's oldsmobile, pontiac and now saturn in the past few years...

what's left...

chevy, buick, cadillac, gmc?

unless they can pay back the taxpayer i personally hope they all go away or the taxpayer will end up getting screwed yet more. gm is the new british leyland.
Old 10-01-09 | 12:50 AM
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Rest In Peace and good riddance...
Old 10-01-09 | 03:08 AM
  #51  
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I'm going to make a wild prediction. GM will not close Saturn afterall. If recent patterns hold, they will flip their decision, just like they have with everything else in the last four years (especially with Lutz around). If any company knows how to play with America's intellenge, it's GM. May the broken promises continue.
Old 10-01-09 | 06:51 AM
  #52  
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Originally Posted by Joeb427
I've read GM has lost money with Saturn from the start.
Originally Posted by mmarshall
Maybe (?) at the factory level, but the dealerships......(oops, Retailers).....sure didn't. Saturn vehicles have traditionally averaged a 14% mark-up from wholesale to retail. Since Saturns, traditionally, sell for only list (no discounts or incentives), and Saturn salespeople are paid a salary rather than commissions, that's a pretty good profit margin, especially for the auto buisness.
The Saturn division never turned a profit. Dealers are independently owned, so if they didn't turn a profit, there's no way they'd be able to stick it out all these years.
Old 10-01-09 | 08:39 AM
  #53  
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Originally Posted by Trexus
Rest In Peace and good riddance...
Yes, the billions lost by GM mark the end of that failed experiment.
Old 10-01-09 | 01:12 PM
  #54  
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Originally Posted by Trexus
Rest In Peace and good riddance...
No. Saturn may indeed rest, but it is definitely NOT going to be in peace....and never will be. The fact that they could have been saved if they just would have gone back to doing what made them great in the first place will haunt Saturn's grave forever. It was a needless death.
Old 10-01-09 | 01:20 PM
  #55  
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I fail to see why they kept GMC in the long run. That marque offers no product that the other brands don't already. Absolutely none. If it were my decision I would've kept Pontiac. The Trans Am concept was pure sex - I would've bought that.

Hopefully we'll see the G8 GXP revived as the next generation Impala SS.

Here's some shots of the Trans Am. First one looks a bit too much like the Camaro but the other ones are pure sex.








I'm hoping they'll keep Pontiac as a niche marque in the long run. I would've really loved to see a Trans Am. I would've bought that damn thing.
Old 10-01-09 | 02:28 PM
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Originally Posted by FisforFast
I fail to see why they kept GMC in the long run. That marque offers no product that the other brands don't already. Absolutely none. If it were my decision I would've kept Pontiac. The Trans Am concept was pure sex - I would've bought that.
It's the sales numbers. I saw an article last week, and by far, GMC outsold all other GM brands other than Chevy. Personally, I don't see why they can't just merge it with Chevy, but others here have argued that you risk losing the absolute brand loyalists--and given the sales numbers, I can see why they don't want to risk that move.
Old 10-01-09 | 02:34 PM
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we should NEVER have bailed out GM and Chrysler. I WILL NEVER EVER EVER set foot in a GM or Chysler dealership and will forbid all my children from ever buying one of them:


http://clarkhoward.com
The taxpayer bailout of GM and Chrysler is a bust


CLARKONOMICS: The taxpayer bailout of GM and Chrysler has been a real bust. New figures from the Congressional Oversight Panel suggest that all $81 billion doled out by both former Pres. Bush and current Pres. Obama will be an almost complete loss.

Do we suddenly buy more cars because we have two more automakers? No. So how many jobs did it save to bail out two failed automakers? The answer is that it doesn't save any jobs.

How about the populist argument that "American jobs" were saved? Well, Toyota, Honda, Nissan, Mercedes and other foreign nameplates make their vehicles all over the United States. Meanwhile, GM makes cars in Korea for the U.S. market and Ford makes them in Mexico -- in addition to what each churns out at domestic plants.

It's a common refrain but Clark wants to sound it again: If you run your own business and you fail, do you get a bailout from Congress?

So why should the automakers?
16 comments | Permalink
Old 10-01-09 | 09:47 PM
  #58  
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Originally Posted by toy4two
we should NEVER have bailed out GM and Chrysler. I WILL NEVER EVER EVER set foot in a GM or Chysler dealership and will forbid all my children from ever buying one of them:


http://clarkhoward.com
The taxpayer bailout of GM and Chrysler is a bust


CLARKONOMICS: The taxpayer bailout of GM and Chrysler has been a real bust. New figures from the Congressional Oversight Panel suggest that all $81 billion doled out by both former Pres. Bush and current Pres. Obama will be an almost complete loss.

Do we suddenly buy more cars because we have two more automakers? No. So how many jobs did it save to bail out two failed automakers? The answer is that it doesn't save any jobs.

How about the populist argument that "American jobs" were saved? Well, Toyota, Honda, Nissan, Mercedes and other foreign nameplates make their vehicles all over the United States. Meanwhile, GM makes cars in Korea for the U.S. market and Ford makes them in Mexico -- in addition to what each churns out at domestic plants.

It's a common refrain but Clark wants to sound it again: If you run your own business and you fail, do you get a bailout from Congress?

So why should the automakers?
16 comments | Permalink
That guys in Atlanta!

Sad aint it.

Saturn had so much promise and typical GM management RUINED It. So sad.
Old 10-01-09 | 11:32 PM
  #59  
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Originally Posted by toy4two
we should NEVER have bailed out GM and Chrysler. I WILL NEVER EVER EVER set foot in a GM or Chysler dealership and will forbid all my children from ever buying one of them:


http://clarkhoward.com
The taxpayer bailout of GM and Chrysler is a bust


CLARKONOMICS: The taxpayer bailout of GM and Chrysler has been a real bust. New figures from the Congressional Oversight Panel suggest that all $81 billion doled out by both former Pres. Bush and current Pres. Obama will be an almost complete loss.

Do we suddenly buy more cars because we have two more automakers? No. So how many jobs did it save to bail out two failed automakers? The answer is that it doesn't save any jobs.

How about the populist argument that "American jobs" were saved? Well, Toyota, Honda, Nissan, Mercedes and other foreign nameplates make their vehicles all over the United States. Meanwhile, GM makes cars in Korea for the U.S. market and Ford makes them in Mexico -- in addition to what each churns out at domestic plants.

It's a common refrain but Clark wants to sound it again: If you run your own business and you fail, do you get a bailout from Congress?

So why should the automakers?
16 comments | Permalink
I totally agree with you. The U.S. taxpayers have no idea how big of a burden GM is on this country. Even though I type this only a few people can even fathom the insatiable or voracious, parasitic and clueless corporation that is headquarted in Detroit Michigan that calls themselves GM. The media states that GM received a bailout of approximately $5,000,000,000 and hasn't or most likely won't pay those monies back to the U.S. taxpayers. Those few people that have an idea know that it's more that $5 Billion burdening the U.S. taxpayers because GM is most likely still not profitable and most likely not making money and paying taxes on income. Who pays taxes on losses???
Old 10-02-09 | 12:18 AM
  #60  
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the local Saturn dealership closed its doors early summer, and instead of closing out the lot and the already-existing service bays, they've turned themselves into a large-scale service center.

how long this will last, I have no idea.



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