02 June 2009

GM Says 16 Parties Expressed Interest In Saturn Brand

NEW YORK-(Dow Jones)--Saturn brand vehicles currently produced by General Motors Corp. (GM) could stick around after the auto maker sells the brand, the company said Tuesday.

GM, which filed for bankruptcy protection Monday, is working to shed Saturn as part of sweeping plans to shrink the company and offload money-losing parts of the business.

In a presentation to analysts a day after its bankruptcy filing, GM said 16 parties have expressed interest in Saturn. {article continues...}

Now if, on the other hand, 16 parties had expressed interest in buying Saturn vehicles

1 comment:

  1. I hear you, man. I've been a Saturn owner since 1994. They used to make great cars. But despite that, the division kept losing money. I don't know why.

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