A few weeks ago, I wrote about rumors circulating that the Saturn plant at Spring Hill, Tennessee may be coming back online as GM’s volume increases. Well, the rumors are getting stronger.
The Freep reports that a “person familiar with the matter” (read into that what you will) says that General Motors are going to bring Spring Hill back into the GM mix by building the next generation of their Ecotec four cylinder engines there.
GM plans to announce this on Friday, which is a bit curious as Friday is normally reserved for bad news. According to the source, who, as per normal, lacked authorization to speak and, therefore, declined to be named, if GM goes through with bringing Spring Hill back, production won’t start until 2013. Which, again, is quite curious, as ANYTHING could happen in those three years. The IPO might be a complete disaster and GM could be back in the bankruptcy courts (without the taxpayers’ check book) and this time, stay there. Or maybe, GM knows that they’ll be around for at least three years? Who knows? But if the workers of the Spring Hill plant are reading this, all I can suggest is “keep your expectations low. That way you won’t be disappointed”.