The Saturn Company is a subsidiary of the enormous car authority General Motors. It was established in the year 1985 in order to be able to adequately cope up with the overwhelming success of other smaller car companies during that time. The Saturn group even has its own management structure during a given period of time and even its very own assembly plant situated in Tennessee.
The Saturn idea was first conceived by Alex C. Mair on the year 1982, with the concept of â€œsmall carsâ€ in mind. After its creation, it was dubbed as â€œa new kind of Car Companyâ€, with steadily rising sales and expansions since the year 2000. Last June 5 of the current year 2009, GM or General Motors has now announced that it is will be selling the Saturn Company to Penske Automotive Group. The deal will probably take place within the current year or next year depending on the circumstances of the agreement.