How did Saab go out of business?
Saab Automobile was sold to Spyker Cars N.V. in 2010 after a deal between Spyker and then-current owner General Motors. Consequently, Saab was forced to file bankruptcy in 2012. Spyker’s claim was dismissed in June 2013.
Who owned Saturn cars?
General Motors
The Saturn Corporation, also known as Saturn LLC, was an American automobile manufacturer, a registered trademark established on January 7, 1985, as a subsidiary of General Motors….Saturn Corporation.
| Type | Subsidiary, LLC |
|---|---|
| Parent | Motors Liquidation Company General Motors |
| Website | Saturn.com |
Who owns the Saturn car company?
General Motors
OnStarMotors Liquidation Company
Saturn Corporation/Parent organizations
Who made Saturn cars?
The Saturn Corporation, also known as Saturn LLC, was an American automobile manufacturer, a registered trademark established on January 7, 1985, as a subsidiary of General Motors.
Is the Saturn company still in business?
The Saturn Corporation was created in 1985 as a subsidiary of General Motors. Among the cars it sold were the Saturn ION sedan as well as the Saturn Sky roadster. However, after a failed attempt to sell the Saturn brand, General Motors ceased operations of it in 2010.
Why did General Motors stop making Saturns?
General Motors halted production of its Saturn brand in October 2009 after a failed deal with the Penske Automotive Group. Saturn, with a vehicle line that included mostly small to mid-size cars, had been around since 1985 but was never profitable.
What car brands are no longer in business?
Car Brands That No Longer Exist. 1 Plymouth. Getty Images. 2 Pontiac. 3 Saab. Getty Images. 4 Mercury. 5 Oldsmobile.
What happened to the Mercury car brand?
Similar to Plymouth and Oldsmobile, the idea for the Mercury brand was hatched in 1938 by the Ford Motor Company founder Edsel Ford as a way to attract entry-level consumers. Some of the more notable Mercury cars were the Mercury Cougar, the Sable and the Capri hatchback. However, the brand was shut down in 2010 due to its lack of profitability.