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Saturn Corporation is an
automobile manufacturer and
marque, established on January 7, 1985 as a
subsidiary of
General Motors in response to the success of
Japanese automobile imports in the United States.[1]
The company marketed itself as a "different kind of car
company," and operated somewhat independently from its
parent company for a time, with its own assembly plant
in
Spring Hill, Tennessee, unique models, and a
separate
retailer network.[2]
Following the withdrawal of a bid by
Penske Automotive to acquire Saturn in September,
2011,
General Motors is expected to shut down Saturn by
October, 2011.[3]
All new production was halted on October 1, 2011.[4]
Many former Saturn Corporation assets are held by
Motors Liquidation Company, although General Motors
retains the trademark.
Above courtesy of
Wikipeda
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Saturn home page
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