Good Morning to everyone.
Interesting day yesterday. A new deal was announced to buy Saturn with a very different business plan. A venture firm, Black Oak, proposed to buy Saturn from GM and turn it into, with out meaning to be derogatory, a flea market for cars.
There idea is to take cars manufactured by foreign companies, put the Saturn label on them, and put them on the sales lot. For example, if an Indian company starts making a good electric car but has no US distribution, they would put the Saturn logo on it and sell it. At 50,000 feet it sounds like a pretty good model. I am wondering about US car buyers and the difficulty with warranty and repair of "one off" manufacturers.
If it works, my hat is off to them!
Have a great day, ALL!!
Thursday, October 8, 2009
Subscribe to:
Post Comments (Atom)
Actually - not a chance... Good luck to Black Oak, they're gonna need it!
ReplyDelete