Saturn is Buried into Uranus

Today, after the closing bell rang on Wallstreet, General Motors announced that the deal to unload Saturn to Penske Auto was not going to go through. As a result General Motors is phasing out the Saturn brand.

This comes after Saturn recently released commercials assuring consumers that “we’re still here”. It just shows that you can’t trust any of these companies, even when they spend lots of money to try to assure the public that they have our best interest in mind.

See the full story: http://www.marketwatch.com/story/penske-ends-discussions-to-acquire-saturn-2009-09-30

Original Saturn Commercial

Saturn Commercial Remixed with Joe Wilson’s “You Lie!”

1. 

   monkeyboy says:

   September 30, 2009 at 10:13 pm

   Penske backed out because they couldn’t secure any cars past the end of 2010. Sad really. GM started a good thing, and then removed all of what made Saturn unique. Such a waste.

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2. 

   kento says:

   September 30, 2009 at 10:56 pm

   I think I heard that the Saturn division never made any money. It was always hoping to break even or become profitable, but it never did. These days, they just can’t afford to keep it going. Too bad, it should’ve been a division of GM that could have given the Japanese brands a run for their money.

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3. 

   Mr. Crumb says:

   October 1, 2009 at 12:46 pm

   GM reported their sales for the month of September. Saturn was down 84% from the same period in 2008. Amazing what is happening here.

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