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Spring Hill Manufacturing is a General Motors factory in Spring Hill, Tennessee.It was developed from 1985 and launched in 1990 as the sole manufacturing facility for Saturn Corporation.
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Under him and his successor as president of Volkswagen of America, J. Stuart Perkins, VW's U.S. sales grew to 569,696 cars in 1970, an all-time peak, when Volkswagen captured 7 percent of the U.S. car market and had over a thousand American dealerships.
In the late 1990s, the U.S. economy was on the rise and GM and Ford gained market share producing enormous profits primarily from the sale of light trucks and sport-utility vehicles. In 2001, following the September 11th attacks, a severe stock market decline caused a pension and benefit fund underfunding crisis.
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