Continued slow sales of Saturn LS models is forcing Saturn Corp. to cut the second shift effective June 12 at the Wilmington, DE, assembly plant, idling 490 workers. The move will cut annual capacity to 80,000-100,000 cars, from 200,000 now. • The European Commission clears the way for Ford Motor Co.'s Volvo to buy a controlling stake in Autonova from Britain's TWR. Volvo reportedly plans to buy another 26% of Autonova, which produces C70 coupes and convertibles for Volvo, in 2003 from ...
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