Monday, April 27th, 2009...3:10 pm
GM Accelerates Saturn Shutdown to THIS YEAR!
And the hits just keep on coming!
GM announced today that Saturn will cease operations as of the end of this year…..2-3 years earlier than expected. They will build the last Saturn’s by the end of 2009 according to Fritz Henderson, GM CEO (and long-time Saturn-hater).
Wow! I expected that GM would shut down Saturn but I never really thought it would be this year. It is sad that a company that was started with the premise of being a “100 year company” won’t even make it to its 20 year anniversary!
Through all of this Saturn mess, it is the people who are doing the real work that I feel sorry for. The dealers, managers, parts, service and sales personel. All will be out of work very soon.
GM, you missed the boat! Actually, you sunk the boat. Shame on you for squandering your shareholders wealth and your customers loyalty!
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