General Motors is looking to sell off its Saturn subsidiary, slated to stop production after 2012, and they say they have many possible buyers for the company. Automotive News reports:
 

Saturn is attracting interest from a “few” parties that might want to acquire the brand, a General Motors spokesman said Thursday.

GM has hired Steve Girsky, formerly senior auto analyst for Morgan Stanley, to help advise on any possible Saturn deals.

Saturn spokesman Steve Janisse said, “There is interest from investors in doing a spinoff, and there are other entities interested in just buying it.” He said he does not know whether the interested parties are other automakers.

In the restructuring plan submitted to the federal government last month, GM said that if they could not find a buyer for the Saturn brand they would phase it out after 2012.