GM Says It Has 16 Different Buyers For Saturn, Three for Saab

GM Says It Has 16 Different Buyers For Saturn, Three for Saab
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With news of a tentative deal to sell off Hummer coming yesterday, GM still hasn’t made any decisions about its Saturn or Saab brands – but apparently it has plenty of offers to entertain. GM CFO Ray Young said that Saturn has as many as 16 suitors, while the Swedish Saab brand has three. The… Continue Reading...

Mitsubishi Latest Candidate to Buy Saturn

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Mitsubishi Latest Candidate to Buy Saturn
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Oddly, it seems as though Saturn is far more interesting and far more loved as the up-for auction arm of a doomed for bankruptcy company than it ever was as regular old car brand. To date the Penske Automotive Group, automaker Nissan/Renault and investment firm Telesto Ventures have all been cited as potential buyers. Now… Continue Reading...