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What about OnStar?
It is a GM product. Will Penske be supporting it in the Saturns?
 

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Just a thought, but does the sky have to discontinue since it is based on the Solstice? Not sure if the Astra is based on anything....
It would not be feasible to keep the factory open for one vehilce line. The Astra won't change platforms until 2010 model year. It will be the same as the upcoming Chevy Cruze.
 

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There's always the OPEL GT and the DAEWOO G2X built on the same platform... and then the :jester: BUICK SOLSTICE?
True but with Magna purchasing Opel I don't think GM would consider it viable either hence the closing of the factory next month.
 

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I too like the driving a car that is rare, but my biggest concern is parts. Will Penske still have to make parts for the Sky for 10 years?
 

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GM has the legal responsibility to support the products they produced. Penske simply bought the brand name, not the company.
 

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He has stated that the Astra and Sky specifically will not continue.
GM has the legal responsibility to support the products they produced. Penske simply bought the brand name, not the company.
If he only bought the name, how can he say the Sky will not continue? Wouldn't that be up to whoever continues making Saturns?

I understand GM has to support the product they make, I believe it's for 10 years, but if the brand goes away, do they still have to? And what if GM goes away?
 

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If he only bought the name, how can he say the Sky will not continue? Wouldn't that be up to whoever continues making Saturns?

I understand GM has to support the product they make, I believe it's for 10 years, but if the brand goes away, do they still have to? And what if GM goes away?
sstrott, here is the actual press release issued:


UPDATE 6/8/09
Saturn and Penske: Two Iconic Teams Poised to Make History Again

Transaction would save more than 13,000 jobs; preserves renowned brand and retail network

DETROIT (June 5, 2009) -- General Motors Corp. and Penske Automotive Group today confirmed details of a proposed transaction under which Penske would acquire the Saturn brand. If completed, the deal would save more than 350 dealerships and 13,000 jobs at Saturn and its retailers in the United States, and would preserve the customer-focused Saturn brand.

The proposed transaction is part of GM’s rebuilding efforts outlined in the viability plan that was submitted to the U.S. government earlier this year. Under the terms in the memorandum of understanding, Penske would obtain the rights to the brand as well as certain other Saturn assets. GM would continue production, on a contract basis, of the Saturn Aura, Vue and Outlook.

“This is the combination of two iconic teams: Saturn and Penske,” said Saturn general manager Jill Lajdziak. “GM had the vision to create Saturn and has the desire to see it succeed in the future.”

“Saturn has a passionate customer base and outstanding dealer network,” said Roger Penske, chairman of Penske Automotive Group. “For nearly 20 years Saturn has focused on treating the customer right. We share that philosophy, and we want to build on those strengths.”

Saturn began selling cars in 1990 and has sold more than 4 million vehicles. More than 80 percent of those vehicles are still in operation, according to data from R.L. Polk. Saturn has regularly scored among the industry leaders for non-luxury brands in customer satisfaction surveys.

“There has been a groundswell of support for Saturn, with our retailers and owners urging us to save the brand,” said Lajdziak. “We heard their call loud and clear, and it inspired us as we worked to secure Saturn’s future.”

The transaction is expected to close in the third quarter of this year and is subject to customary closing conditions and regulatory approvals. Financial terms of the agreement will not be disclosed at this time.

He is acquiring more than just the name. GM is only providing 3 of the lines until their scheduled model run updates are mandated by new regulations. JustMike has also stated here and on Sol Forum that the Kappa platform in its current state does not meet those regulations and would require some engineering updates.

The Sky falls under the Saturn name as does the Astra. The Kappa platform is not viable for GM currently, hence it's ending. Sad for all of us. The Astra, an Opel vehicle essentially, will not continue since Magna of Canada has bought Opel. The relationships GM has are changing and rapidly with its contractors, consumers, etc.

Hope this helps.
 

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Did he say specifically that the Sky would continue to be built? It would be nice to have a 330hp Sky.
Already have one! But it would be nice to have one stock.
 
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