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.jpg) Saturn dealership in Michigan | |
| Company type | Subsidiary, LLC |
|---|---|
| Industry | Automotive |
| Founded | January 7, 1985 |
| Defunct | October 31, 2010 |
| Fate | Company disestablished after GM reorganization |
| Headquarters | Spring Hill, Tennessee, U.S. (1985–2007) Detroit, Michigan, U.S. (2007–2010) |
Area served | United States, Canada |
Key people | List
|
| Products | Automobiles |
| Parent | General Motors |
The Saturn Corporation, also known as Saturn LLC, was an American automobile manufacturer, a registered trademark established on January 7, 1985, as a subsidiary of General Motors.[1] The company was an attempt by GM to compete directly with Japanese imports and transplants, initially in the US compact car market. The company was known for its 'no-haggle' sales technique.[2]
Saturn marketed itself as a "different kind of car company" and operated quasi-independently from its parent company,[3][4]—comprehensively introducing a new car, dealer network, pricing structure, workforce and independently managed manufacturing plant in Spring Hill, Tennessee. The first cars themselves launched five years after the company's inception, and they advanced GM's spaceframe construction—manifesting Saturn's market proposition with their dent-resistant polymer exterior panels.
Over time, as Saturn drained resources from GM's extensive brand network, the brand would be gradually re-integrated into the GM corporate hierarchy, losing its semi-independent nature and beginning to work on models that increasingly compromised the independence of the brand, first with mild use of shared GM products and platforms in their lineup, but later with a myriad of "parts-bin" cars built mostly or entirely from pre-existing GM equipment rather than independently-engineered material. As GM struggled in the onset of the 2008 economic recession, the parent company further curtailed Saturn's development budgets, leaving Saturn to almost fully badge engineer products from other divisions, notably a series of federalized models from Opel. With the gradual shift in internal practices and external outcomes, Saturn lost its unique selling proposition, and the market lost interest.[5] Annual sales achieved their highest level in 1994, with 286,003 vehicles marketed.[5]
Following a failed attempt by Penske Automotive to acquire Saturn from GM in September 2009, Saturn ended production in October 2009, ended outstanding franchises in October 2010, and ceased operations 25 years after it began.
- ^ Staff Writer (June 13, 2007). "How Saturn Cars Work". howstuffworks.com. Archived from the original on August 24, 2011. Retrieved February 17, 2009.
- ^ Valdes-Dapena, Peter (September 4, 2006). "Saturn: Secrets of the 'no-haggle' price". CNN Money. Archived from the original on November 21, 2023. Retrieved November 20, 2023.
- ^ "GM confirms site for Saturn plant". Eugene Register-Guard. (Oregon). Associated Press. July 30, 1985. p. 1B. Archived from the original on April 22, 2021. Retrieved April 22, 2021.
- ^ "International Directory of Company Histories, Vol. 21". St. James Press. fundinguniverse.com. 1998. Archived from the original on April 29, 2009. Retrieved February 17, 2009.
- ^ a b Daniel O'Callaghan (January 29, 2022). "Falling Back to Earth (Part Five); Saturn spirals out of Orbit". Driven to Write. Archived from the original on January 29, 2022. Retrieved January 29, 2022.