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Article: Saturn's certified-used program falls short.(Remarketing)
- Article from:
- Automotive News
- Article date:
- July 24, 2006
CopyrightCOPYRIGHT 2006 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Arlena Sawyers
General Motors' GM Certified brand sold its 2 millionth used vehicle last month. But sales by the company's Saturn certified program continue to sag.
Dealers say the Saturn program is too expensive. Saturn officials say they are concentrating on new-vehicle launches and face a shortage of used vehicles fit for certification.
Saturn's certified program sold 1,631 used cars and trucks in June, a 50.9 percent drop from the year-ago month. In the first six months of 2006, the brand's program sold 10,006 vehicles, 37.7 percent fewer than in the same period of 2005.
By contrast, GM Certified sales rose 3.6 percent last ...