Saab, Saturn, Hummer and Volvo posted dismal February sales. Dealers blamed the lousy results on the uncertainty surrounding the brands' futures.
Ford Motor Co. is selling Volvo. General Motors wants to unload Hummer, Saturn and eventually Saab. U.S. sales for each brand fell more than 55.0 percent in February, while the overall market slid 41.4 percent.
"They're a disaster," says Ken Playter, general manager of Glassman Automotive Group in suburban Detroit. Playter, who sells Saab, adds, "The uncertainty is killing everybody."
Hummer's February sales sank 68.7 percent to 1,053. One dealer, who asked not to be identified, says that in 2005 he sold 100 Hummers a month. Today, the dealer says, he barely sells 15. "It's over," he says.
Saturn's sales tumbled 57.2 percent to 6,338. Says Burke O'Malley, owner of three Saturn stores in northern Virginia: "Some of my guys have told me that we've been close to making a sale and people say, 'I'm just not sure, with all the press I'm hearing about General Motors or Saturn.'
"If we didn't have those lingering issues," O'Malley says, Saturn's sales fall "might have only been 40 or 45 percent."