Who owned Saturn?

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.

Does Saturn cars still exist?

The Ford Motor Company's Mercury brand and General Motors's Hummer, Pontiac, Saturn, and Oldsmobile brands have all been discontinued.

Why did GM stop Saturn?

Saturn, a GM company that had great promise in the early 1990s, ultimately failed because senior GM leaders couldn't see the benefits of new ways of doing things and a new kind of organizational culture.

When did GM stop making Saturn?

Race car icon, Roger Penske, tendered an offer to buy the company, but when a deal to have Nissan-Renault supply cars to Saturn collapsed, GM halted production on Oct. 1, 2009. The brand was officially discontinued on Oct. 31, 2010, ending GM's experiment with its different kind of car company.

Why did GM create Saturn?

It was there that GM Chairman Roger B. Smith proudly announced its first new nameplate in more than half a century. Saturn was conceived as a specific response to the growing threat from the fuel-efficient and affordable cars being launched into America from Japan.

The Truth About Saturn: A Different Kind of Car Company | WheelHouse

Does it rain diamonds on Saturn?

About 10 million tons of diamond rain down on Saturn each year. The new molecule is relatively heavy, and when attracted by the planet's gravity, begins to be drawn downwards.

Will GM bring back Saturn?

Just for the record, we are absolutely positive that GM won't be bringing back Saturn. With the electric revolution happening right now, all of the car companies have plenty to do. There are no companies wanting to launch a new brand in this atmosphere.

Is Pontiac coming back in 2021?

By 2021, the Pontiac Trans Arm will be resurrected with an estimated price of well over $100,000. Although the Pontiac brand has seen better days, it's ready for a revival. No, General Motors is not bringing it back but they have licensed a certain group called the Trans Am Depot to take care of it.

Who owns Pontiac now?

Though both production and franchise agreements ended in 2010, Pontiac remains a registered and active trademark of GM. General Motors would eliminate an additional 7,000 to 8,000 factory jobs in the United States and shed 2,600 dealers by 2010 under a revised business plan.

Who owns Hummer brand now?

That's right, the Hummer name is now housed under the banner of GM's truck and SUV brand GMC, although this relationship is downplayed on the vehicle itself, with only a small GMC badge on the front end. The truck is slated for model year 2022, and will launch first as the pricey and hugely powerful Edition 1.

Will Pontiac ever come back?

Will GM bring back Pontiac? No, it won't. Winding out of Pontiac franchises cost GM billions of dollars. It was a desperate move to help save the corporation from its bankruptcy woes.

Do they still make Mercury cars?

Production of Mercury vehicles ceased in all markets during the fourth quarter of 2010, with the final Mercury automobile, a Grand Marquis, rolling off the assembly line on January 4, 2011.

Is Oldsmobile ever coming back?

The Oldsmobile rocket emblem may find its way onto new cars very soon. Though GM ended production of the Alero, Silhouette, and Bravada in 2004, sources say that the brand will be resurrected, but not in the way you might think.

Who owns Dodge?

Chrysler, Jeep, Dodge, RAM, FIAT, and Alfa Romeo are all overseen by one company: Fiat Chrysler Automobiles.

Who makes Kia?

Hyundai Motor Group decided to purchase the auto company in 1998 to keep it afloat. Kia and Hyundai Motor Group operate independently, but Hyundai is the parent company of Kia Motors. The difference between Kia and Hyundai is that both companies have their own brand philosophies to uniquely produce their vehicles.

Who owns General Motors?

Today, the top three individual GM shareholders are Mary Barra, Mark Reuss and Dan Ammann. Since, being top shareholders, these individuals “own” significant chunks of the company, let's look at them each in-depth. It may seem like a weird question, but did you ever wonder: How big is General Motors?

Who owns Jeep?

Jeep, Chrysler, Dodge, and RAM are all owned by FCA, but the Chrysler model lineup focuses on family-style vehicles, like the Pacifica, while Dodge offers SUV-style vehicles and performance-based cars.

Why did GM get rid of Oldsmobile?

Oldsmobile, a pioneer in the business of making cars, had watched its sales slump and its models become ordinary. They simply weren't distinct enough to stand out from GM's other car lines or draw younger buyers.

Why is Chevy discontinuing the Camaro?

Indeed, it seems the real cause of the Camaro's discontinuation is likely due to restructuring at General Motors. At the end of 2018, well before 2019 Q1 sales reports, the automaker set plans to free cash flow for long-term projects like automated driving implementation and electric vehicle design and production.

Is Chevy discontinuing the Camaro?

Moving forward, it has now been determined that the sixth-generation Camaro will be discontinued for the 2024 model year. The sixth-generation was originally introduced for the 2016 calendar year.

Is GM bringing back the GTO?

The chances of the Pontiac GTO coming back are zero, with GM discontinuing the Pontiac brand way back in 2010, but enthusiasm for the iconic muscle car nameplate still remains high among General Motors enthusiasts.

Why did General Motors fail?

GM is too slow to innovate because of its size. GM is too bureaucratic and unable to adjust to changing markets. GM's dealer network is too large. GM sold off its formerly profitable financing business GMAC.

Is Oldsmobile still in business?

On April 29, 2004, the last Oldsmobile comes off the assembly line at the Lansing Car Assembly plant in Michigan, signaling the end of the 106-year-old automotive brand, America's oldest.