Mylonas said the decision will be taken in 2003, Interfax reported. If the decision to go ahead is taken, the joint venture will produce up to 200,000 engines a year in Togliatti, home of Avtovaz, Mylonas said, but didn’t give estimated investments.
Phone number: (313) 556-5000
Challenge: Lower costs, improve quality and increase appeal of its cars, to end a 30-year decline in market share—and increase profitability
Taking advantage of Saturn’s cult-like following, Ion will offer personalization opportunities - trim kits in a variety of patterns and colors for the roof rails, instrument cluster, shifter, key fob and radio-control panels.
Decrease the time required to finalize new auto designs from two years to about one year
Financials in 2001: $177 billion in sales, $601 million in net income, 0.3% net profit margin
The cabin’s most compelling feature is its versatility. The rear seats fold flat on both models and the coupe’s front passenger seat does the same, providing considerable cargo-carrying flexibility.
On a road winding through the ranch lands near Austin, TX, I surprise an armadillo slowly making its way across the asphalt. I tap the brake pedal and jerk the steering wheel of the new Saturn Ion. No thud is heard.
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