Saturn Holdings, LLC · Spring Hill, TN United States
Company Description
Phone: 931-486-5000
Fax: 313-667-8902
Toll Free: 800-553-6000
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This link will open in a new window After 25 years the "different kind of car company" is leaving planet Earth. Originally conceived by General Motors engineers in 1982, Saturn began operations in 1985 with a fresh vision of a people-focused car company. Saturn aimed to simplify the car-buying experience with no-hassle, no-haggle pricing while also simplifying the relationship between carmaker and auto worker. A subsidiary of GM, Saturn makes a range of compact and midsize cars, including the Vue and Outlook compact SUVs, Astra sedan, and Sky roadster. Penske Automotive Group (PAG) agreed to acquire Saturn in 2009, but at the eleventh hour when the agreement broke down, GM announced it would discontinue the Saturn brand. To read the full description, subscribe now.
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Key Saturn Holdings, LLC Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 10,578 |
Saturn Holdings, LLC Executives
1 executives listed for Saturn Holdings, LLC's Spring Hill, TN location.
| Title | Name & Bio | Contact |
| General Manager | Jill Lajdziak | Network |
Competition
Competitive Landscape for Saturn Holdings, LLC
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Saturn Holdings, LLC Competitors
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