How did GM get Saturn into the Black?
–Thanks to a unique partnership between Saturn and its retailers, in 1993 the retailers rebated back to Saturn 1% of the cars’ sales price, to get GM’s permission to start a third production shift. That brought $13 million to Saturn’s bottom line, moving its finances into the black a year ahead of plan.
How many GM employees worked at Saturn plant?
–J.D. Powers consistently rated Saturn as among the top three cars in owner and customer sales satisfaction. Even as late as 2000 it ranked second in owner satisfaction, behind Lexus. –Most of the 9,000 Saturn employees (at the mid-1990s peak) came from other GM plants, through an agreement between GM and the UAW.
What was the name of the car company Saturn?
Whenever the name Saturn has come up in my conversations through the years, it has usually gotten either of two opposite responses. People either admired the company and its cars or were skeptical, cynical and belittling of anything it did.
What was Saturn’s first year on the market?
–Because of an enthusiastic market response to their “different kind of car,” Saturn retailers were chronically short of vehicles for the first five years of production. –Saturn was the third best-selling car model in the U.S. in 1994.
–Thanks to a unique partnership between Saturn and its retailers, in 1993 the retailers rebated back to Saturn 1% of the cars’ sales price, to get GM’s permission to start a third production shift. That brought $13 million to Saturn’s bottom line, moving its finances into the black a year ahead of plan.
–J.D. Powers consistently rated Saturn as among the top three cars in owner and customer sales satisfaction. Even as late as 2000 it ranked second in owner satisfaction, behind Lexus. –Most of the 9,000 Saturn employees (at the mid-1990s peak) came from other GM plants, through an agreement between GM and the UAW.
Whenever the name Saturn has come up in my conversations through the years, it has usually gotten either of two opposite responses. People either admired the company and its cars or were skeptical, cynical and belittling of anything it did.
–Because of an enthusiastic market response to their “different kind of car,” Saturn retailers were chronically short of vehicles for the first five years of production. –Saturn was the third best-selling car model in the U.S. in 1994.