GM comes calling for $12 million in loans and a $6 million line of credit. It will either sell, eliminate or consolidate Saturn among others. That cannot sound too great in Spring Hill.
Er, Mike, Spring Hill doesn't make Saturns any more. In fact, they've just begun production of the Chevy Traverse after a $600 million retooling. Basically, the days of Saturn as a quasi-independent "different kind of car company" with its own, innovative union contract has long since gone by the boards. Saturn's just another GM brand, and a redundant one. I think in fact Spring Hill may be in pretty good shape, at least as far as GM plants go.
Er, Mike, Spring Hill doesn't make Saturns any more. In fact, they've just begun production of the Chevy Traverse after a $600 million retooling. Basically, the days of Saturn as a quasi-independent "different kind of car company" with its own, innovative union contract has long since gone by the boards. Saturn's just another GM brand, and a redundant one. I think in fact Spring Hill may be in pretty good shape, at least as far as GM plants go.
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