Thursday, February 19, 2009

Rumors abound, Saturn to divorce

Ok so I seem to have a penchant for surpassing my ability for cheesy headlines, it looks like I may have a future working for a tabloid.

While devoid of details it looks like GM may be planning on spinning off the Saturn division,the how and why is still unexplained but considering that GM seems intent on everything short of a fire sale this doesn't seem improbable.

Saturn which  was originally created to compete with the Japanese imports and was supposed to be a different way for GM to do things. Unfortunately things haven't faired as well, the division seemed to languish as the top brass at GM showed a lack of commitment on what they wanted to do with the brand. Now with the economy and bankruptcy a real possibility the General wants to unload Saturn to reduce costs and overhead.

This ongoing soap opera shows no sign of letting up.

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