Business Week: GM's Saturn Cutting Production New York, N.Y., 02/10/00.Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 10, 2000 General Motors Corp. Saturn Saturn, in astronomy Saturn, in astronomy, 6th planet from the sun. Astronomical and Physical Characteristics of Saturn Saturn's orbit lies between those of Jupiter and Uranus; its mean distance from the sun is c.886 million mi (1. division has quietly moved to slash production of its L-Series The L-series (Linke, Simplified Chinese: 临时客车；临客) trains are temporary trains ran by railway bureaus of the People's Republic of China at times when they are thought to be necessary, such as the Chunyun period. cars, Business Week reports in its Feb. 21 issue. Suppliers say the company told them in recent weeks it will crank out crank 1 n. 1. A device for transmitting rotary motion, consisting of a handle or arm attached at right angles to a shaft. 2. A clever turn of speech; a verbal conceit: quips and cranks. just 150,000 cars annually, instead of the 200,000-plus originally planned. That means GM will likely have to pay suppliers more for parts, cutting already thin marginsuabout $2,000 per car. When Saturn finally delivered the new L-Series midsize car to its long-suffering dealers last summer, hopes were high. Since July July: see month. , however, L-Series sales have averaged fewer than 5,000 cars a month, far short of GM's projections of 15,000 monthly sales. |
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