Tag Archives: saturn

The Future Of GM: Government Motors

Well folks, the day has finally arrived: GM has declared a Chapter 11 bankruptcy. Before we elaborate on that matter, I’d like to clear up a little misinformation from the last post. The US Government doesn’t own 72.5% of GM — it owns 60% and the Canadian government owns 12%.

GM: The Battle For Saturn

As summer inches ever-closer, General Motors’ Saturn line has been narrowed down to two (possibly, a ’secret’ third) potential buyers. This auction of sorts is due mostly in part by the threat of bankruptcy if GM does not shed half of their eight US brands by June 1st.

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