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The Staff of SOH
Saturn to shut its doors after all
- Thread starter Cratermaker
- Start date
brad kaste
Charter Member
Bill,...I couldn't agree with you more. Roger Penske,...being the consummate businessman if there ever was one,....saw something he didn't like. Ahhhh-h-h,...like no supply guarantee by GM after the manufacturing contract ran out,...pushed himself away from the table.
First Olds,...then Pontiac,...now Saturn. The kicker being that the tax payers take it on the chin (again) through the federal bailout. Makes one wonder how many millions of the package went down the drain that was tied to Saturn.....
First Olds,...then Pontiac,...now Saturn. The kicker being that the tax payers take it on the chin (again) through the federal bailout. Makes one wonder how many millions of the package went down the drain that was tied to Saturn.....
Panther_99FS
Retired SOH Administrator
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Too bad. Remember "Who Killed The Electric Car?"
http://www.sonyclassics.com/whokilledtheelectriccar/
Have watched that several times & am still finding it rather frustrating.
.
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Too bad. Remember "Who Killed The Electric Car?"
http://www.sonyclassics.com/whokilledtheelectriccar/
Have watched that several times & am still finding it rather frustrating.
.
.
Thats a brilliant movie and a very fine example of gm management.
If they were still making that electric car, they would be selling tons now.
No wonder they are going down the gutter while others are bringing in record earnings.
Bill
Saturn is absolutely pathetic. They had this coming. They caused it. I'd even go so far as to say they deserve it.
They used to be a company that offered cars that everyone could afford. Sort of like the American Kia. When I started high school, so many students drove Saturns because they were affordable and dependable. Slowly they changed their market and lost customers. This is a classic example of poor decisions and greed annihilating a company.
What were they thinking!?
They used to be a company that offered cars that everyone could afford. Sort of like the American Kia. When I started high school, so many students drove Saturns because they were affordable and dependable. Slowly they changed their market and lost customers. This is a classic example of poor decisions and greed annihilating a company.
What were they thinking!?
Panther_99FS
Retired SOH Administrator
Saturn is absolutely pathetic. They had this coming. They caused it. I'd even go so far as to say they deserve it.
They used to be a company that offered cars that everyone could afford. Sort of like the American Kia. When I started high school, so many students drove Saturns because they were affordable and dependable. Slowly they changed their market and lost customers. This is a classic example of poor decisions and greed annihilating a company.
What were they thinking!?
Actually,
Saturn's "downfall" didn't occur until GM began to stick more of their hands into Saturns business around 1996 or so....
Still, I don't see it as being a coincidence that when they changed the focus of their products, their company really started struggling.