It will be interesting to see what GM will have to pay out to buy out the
dealer contracts. I suspect the 2011 date has to do with renewal dates.

I remember when they dropped Olds. I seem to recall them paying nearly 1
billion in contract termination penalties to the dealers.




"IYM" <s u N > wrote in message
...
>
> "HomerH" > wrote in message
> m...
>> somebody > wrote in
>> :
>>
>>> http://jalopnik.com/5155377/gm-to-of...brand-most-of-
>>> pontiac
>>>
>>> Our sources tell us GM's viability plan set to be released at 5:00PM
>>> will kill the Saturn brand by 2011. Pontiac will also go away as a
>>> division. But the nameplate will sorta live on.
>>>
>>> So basically, what we've heard is the brand meant to compete against
>>> the foreign brands is dead - Saturn goes away in 2011. There will be
>>> no new products for Saturn and Saturn dealers are getting a video from
>>> Mark LeNeve at 5:00 PM to inform them. We're thinking Mark should cut
>>> a check to send with it. As far as Pontiac, it goes away as a
>>> division. The nameplate will live on on some vehicles - but we've got
>>> no idea what "niche products" they're talking about. More coming
>>> shortly.
>>
>> So I wonder what us current Saturn owners will do for service/parts in
>> the future? I also assume our resale value will be zilch as well.
>>
>> I should have paid attention to those hairs on my back when I signed on
>> to give GM one more chance and bought this car...;-[
>>
>
> I'm glad I have a '06 Vue with 76K already...I figure I'll be ready to
> look at cars again in 3 years and by that time my resale will be for crap
> anyway. I don't know who the heck in thier right mind is going to buy a
> 2012 Saturn, when the dealer will be waiting for you to leave so they can
> lock the doors. I'm sure GM will announce the other dealers who will be
> authorized to service them, but still.......
>
> IYM
>