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Lindley Estes is a business writer for The Free Lance-Star and Fredericksburg.com. This blog is on Fredericksburg-area business. Send an e-mail to Lindley Estes.

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Saturn, Pontiac offer sales as GM seeks to clear inventory

SaturnThe Saturn and Pontiac dealerships on U.S. 1 near the Fredericksburg-Spotsylvania County line are offering up to $8,000 off the price of a new vehicle as part of General Motors Co.’s efforts to clear out existing inventory of the soon-to-be-discontinued brands.

Both dealerships — Saturn of Fredericksburg and Ultimate Pontiac Buick GMC — report that they each have just a few vehicles left of those two brands. GM is providing $6,500 of the discount, and the dealerships are throwing in the remainder. The deal runs through Jan. 4 or until all models are gone.

GM is discontinuing Pontiac, Saturn, Hummer and Saab in an effort to emerge from bankruptcy as a more slimmed-down company. Its remaining brands will be GMC, Buick, Chevrolet and Cadillac.

The Wall Street Journal today had an article about GM’s efforts to wind down Pontiac and Saturn.

See tomorrow’s FLS for more on this story.

Permalink: http://news.fredericksburg.com/businessbrowser/2009/12/29/saturn-pontiac-offer-sales-as-gm-seeks-to-clear-inventory/