General Motors' Vice Chairman Bob Lutz may be on his way out to pasture, but that doesn't mean he's going to leave as anything other than the quote machine we know and love. The Maximum One told Automotive News that he wished Saturn would survive the current economic calamity, "But frankly, the reality is that that is probably not going to be the outcome." When the Vice Chairman drops that kind of news, it doesn't bode well for the struggling brand, which posted a 21% decline for 2008. Lutz went on to say that Saturn had the best, most fresh product lineup in the GM portfolio and that the company doesn't have the time or money to spend trying to figure out what went wrong.
Saturn dealers predictably didn't take the news well, saying that GM's announcement that the brand was under review made it tougher to sell cars. New Jersey dealer Stuart Lasser said Lutz's announcement "seals our fate," and added that GM knew Saturn wasn't going to make it but didn't tell them about it. GM has said that it would continue to feed its Saturn dealers with product through 2012, but the General hasn't committed to any new models. We're going to go out on a limb here and say that we're not expecting to hear about any new Saturns any time soon.
[Source: Automotive News - Sub. Req.]