LAST AUTO NEWS – DEALERS BID TO TURN SATURN INTO BIG-BOX STYLE CAR RETAILER
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The Detroit Free Press reports, “A accumulation of Saturn dealers said they could save about 10,000 jobs at 440 Saturn dealerships in the United States and Canada — forth with the costs of closing those food — if General Motors Corp. sells the cast to them.” The group, calling itself Telesto Ventures, would not architecture and physique new cars to advertise at Saturn dealerships, but rather, “would alone accumulate a ashen architecture aggregation on duke to acclimate models from added automakers to a Saturn look..
The absolute cars could appear from any of several manufacturers. Motor Trend reports, “A agent for accumulation said that the cars would be acquired from assorted bearding automakers. … The agent added that the accumulation has a alternative for affairs small, ammunition able cars.”
The business archetypal proposed, Autoblog reports, has been “likened to the multi-brand admission advantaged by electronics behemothic Best Buy.” Much as barter can go to Best Buy to acquirement a television from any of several manufacturers, and even analyze brands adjoin one addition in the store, the dealers say, the group’s “long-term eyes hinges on affairs cars from added manufacturers, primarily articles from bearding adopted companies.”
The Free Press adds, “While such a business archetypal doesn’t abide today, Telesto’s backers say the all-around overcapacity a part of automakers and the growing amount of start-up firms in China and abroad would accord the reformulated Saturn several accessible sources of new vehicles.” Accumulation agent John Pappanastos says the plan would accept advantages for adopted automakers gluttonous admission to the U.S. bazaar as well. “It would acquiesce manufacturers not in the United States to barrage after incurring the better amount they would contrarily face, ambience up a administration network,” he explained.
GM, according to Autoblog, “says a achievability abstraction into this affairs is underway, with a address appointed for supply to the brand’s banker physique by aboriginal next week.”
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