Falling back to Earth (Part Three)

Saturn loses momentum.

1993 Saturn SW. Image: carsot.com

For those who believe in such things, the decision of General Motors’ Chairman and CEO, Roger B. Smith, who was Saturn’s adoptive father and head cheerleader, to retire on 30th July 1990, the very day the first Saturn car rolled off the production line in Spring Hill, Tennessee, might have been an ominous portent.

Amongst the other divisional heads within GM, particularly at Chevrolet, Oldsmobile and Pontiac, there was growing resentment towards Saturn and a feeling that their divisions were being starved of investment as a consequence of the huge costs incurred in bringing Saturn to market, alleged to be up to $5 billion. It did not help those who would later attempt to Continue reading “Falling back to Earth (Part Three)”