It sounded better than "GM kills Saturn":
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It sounded better than "GM kills Saturn":
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No great loss.
I don't understand why they are keeping Buick and killing Saturn. Aren't gas prices supposed to go up again? :rolleyes:
To many elderly buyers for them to kill off Buick. Saturn's been in trouble for a while. Shame, too, they make a few decent cars.
That was my thought at first too, but I quick look at the numbers show that Saturn out sold Buick in the US by 29% in 2007 and by 37% in 2008. The higher volume along with a younger demographic would imply that Saturn is the one to keep. I suspect that the real reason is related to a higher margin on the Buick, along with a perceived growth market for the Buick brand in China (where it is very highly regarded).Quote:
Originally Posted by Maverick
Buick is currently GM's #1 seller in China.
http://www.autoblog.com/2009/06/22/g...ales-in-china/
That's sad I was really hoping that Penske would buy the brand. I think they could have done some amazing cars if they wanted. Wonder how long it will be, before I have a hard time finding OEM parts for my Saturn lol.
I think the plan is to position Buick to make a run against Lexus. I'm not gonna lie to you, that new LaCrosse looks pretty sweet. If I were in the market for such a car, I'd pick the Buick over a Lexus ES350.
I thought the same thing. I also wonder what this will do to the already low resale value of my old Saturn, since I'm currently looking for buyers.Quote:
Originally Posted by jeepinbanditrider
Yea, I admit their commercial caught me off guard when I first saw it.Quote:
Originally Posted by trickyrix
Doesn't GM already have a luxury brand?
Chris
I agree. I was floored by the interior. Very nice car. Alas, I am not interested in a Buick... or a Lexus.Quote:
Originally Posted by trickyrix
Just makes me wonder what happened to sour the deal... Just a guess is that GM wanted Penske to take a load of GM debt with the brand and they wisely said "no thanks"...
The news article states that Pensky was unable to find someone to manufacture the cars after 2011 which is when GM would stop supplying them.Quote:
Originally Posted by Dave04
Penske didn't want to manufacture cars, they just wanted to sell them. They had a tentative agreement with Renault, but Renault changed their mind and backed out. Without someone willing to supply cars to be sold as a Saturn, the deal with GM fell apart.Quote:
Originally Posted by Dave04
ahhh... that makes sense... I thought they were looking to buy the manufacturing as well, not just the brand...
its a shame. I would have been interested in seeing what a real American racing company could have done with Saturn.
But if they would have been farming out the work to another company I dont think anything would have changed for Saturn. Saturn's last years on this earth were already spent with another forigen company supplying rebadged cars :(
Is the Miata the last reasonably priced RWD convertible sports car still in production?
CadillacQuote:
Originally Posted by Miatamaniac92
Why in the world would they turn to a French company that already pulled out of the US market?
Stupid decision.
Same reason the government gave Chrysler away to an Italian company that already left the U.S. :rolleyes: