“In the next three weeks, we will announce a long-term partnership that will provide Saturn with world-class cars,” said Todd Ingersoll, who owns Saturn of Danbury [CT] and Saturn of Watertown [also CT].
“This will ensure the brand not only survives but flourishes.”
Ingersoll has been leading a task force organized by Saturn’s Franchise Operations Team. It has been looking at ways to spin off the brand from General Motors.
The task force was established in December after GM officials said they would focus on the four core brands of Chevrolet, Cadillac, GMC and Buick.
Still unannounced, of course, is the name of this proposed partner. I’m guessing, mostly by the process of elimination who else is there? that Saturn is trying to hook up with PSA Peugeot Citroën, the second-largest automaker in Europe, which has had no presence Stateside for many years, unless you count Lt. Columbo’s Peugeot 403.
In the meantime:
Ingersoll said Saturn will transition during the next two years from vehicles in the company’s current lineup produced by GM to vehicles that will be produced by the new long-term partner, which he declined to name.
He also declined to comment on whether the long-term partner would purchase the Saturn brand, provide vehicles for an independent Saturn, or whether the future organization would be some hybrid of both options.
Either way, it’s too late to save Saturn of Northwest Arkansas, which closed two weeks ago.