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Mitsubishi interested in supplying vehicles to Saturn

Posted Friday, May 22, 2009, 1:08 pm in Employee News

Japanese automaker Mitsubishi Motors Corp. is in talks to supply vehicles to Saturn dealers if the brand and dealer network is sold this year, sources familiar with negotiations told The Detroit News.

Mitsubishi is among several manufacturers, including Nissan Motor Co., talking to parties interested in acquiring Saturn’s dealer network from General Motors Corp., sources told the paper. A deal would give Mitsubishi a stronger presence and help it boost production in the United States by tapping into a network of about 380 Saturn dealerships, which need new vehicles once Saturn stops production, the paper said.

GM has said Saturn will be phased out at the end of this year but could supply vehicles on a contract basis beyond 2009, the News said. It is unclear whether Mitsubishi vehicles would be sold under the Saturn name—or vice versa, the story said. (The Detroit News)
 
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