Home > Economics
Saturn sale to Penske falls through
Wednesday, September 30th, 2009 | Economics |
Via Patterico. The Saturn plant is in Spring Hill, TN, not far from where I live in Knoxville/Maryville. This is sad, but not unpredictable. Saturn has been in business almost 20 years and has yet to turn a profit.
For a while GM was spawning new brands - Saturn and Hummer - and adding dealerships for those brands when they should have been shuttering obsolete brands like Oldsmobile and Pontiac and closing excess dealerships. You can only thumb your nose to reality for so long.
No comments yet.
Leave a comment
Search
A Word from Our Sponsors
Latest Comments
- Infrared Photography Links (4 comments)
- I saw the “G.I. Joe” movie (3 comments)
- Eric Janszen gives the economic gloom and doom, take it or leave it (1 comments)
- George Dickel Cascade Hollow is good stuff (7 comments)
- Hiking Boots, Pajamas, DC Power and Propane (1 comments)
- Range Report: Two .40 calibers - SIG P229 and Glock 23 (107 comments)
Subscribe
RSS Posts Feed
Archives by Date
Archives by Category
- A&E
- Best Of
- Blogging
- Comic Books
- Dancing Baloney
- Dear Lazyweb
- E-commerce
- East Tennessee
- Economics
- Environment
- European Union
- Family Tree - Jones Side
- Family Tree - Moore Side
- Food & Drink
- Funny Ha-Ha
- Guns
- Health Care
- Holidays
- Home Life
- Johnia Berry
- Macular Degeneration
- Media Behaving Badly
- Middle East
- Misc
- Municipal Wi-Fi
- News
- Nifty
- Photos
- Political Survival Kit
- Politics
- Polls
- Population
- PSAs
- Quotes
- Rocky Top Brigade
- Science
- Social Security
- Star Wars
- Tech
- The Usual Suspects
- Travel
- True Crime
- Word of the Day