With Saturn turning direct in 14° Virgo and holding a stationary conjunction to the General Motors Corporation progressed ruler, Jupiter, it has become increasingly clear that this once formidable auto manufacturer will not be able to restructure itself by the June 1st deadline imposed by the U.S. government and GM will have to enter into Chapter 11 bankruptcy protection.
Astrologers understand that a progressed opposition of the Sun and a retrograde superior planet is the most karmic point in that planet’s synodic cycle, as it is nearest to Earth at that point in its orbit and is exerting maximum influence.
One sees that the General Motors horoscope has arrived at its progressed Full Moon and at a progressed opposition of the Sun and Neptune, underpinning the dissolution of a once great company whose business has become completely undermined by the recession and its distorted financial obligations to its unionized retirees.
With progressed Saturn in a partile (exact to the degree and minute of arc) opposition with the GM Sun, the company’s day of reckoning has come. According to news reports, General Motors will send termination notices to 1,100 of its car dealers, about 20% of its 6,000 U.S. dealerships. The transit of Pluto in 2010 in square to the GM Sun will allow the company to emerge from Chapter 11 bankruptcy and to rebuild and reinvent itself.
Since the U.S. progressed Mercury stationed retrograde in 1994, it has been only a matter of time for the relentless decline in the American auto industry to reach its critical juncture. The station of Neptune in 24° Aquarius in 2008, exactly on the U.S. Sibly horoscope’s third cusp, and the transit of Neptune over the U.S. progressed Mercury have been the astrological underpinnings for this current crisis.
Astrologers can hope that by the third Jupiter-Saturn opposition of late March 2011, which falls in 14° of Aries and Libra and coincides with the U.S. Saturn return, the American automobile industry will be on the rebound. Saturn rules the Sibly third house and its return will mark a new 30-year era in Detroit.
Another of Detroit’s Big Three automakers, Chrysler Motors, filed for bankruptcy on April 30th exactly at its Uranus return, 84 years after its incorporation in June 1925. Its ruler, Mercury, progressed into retrograde motion some years ago and is now about to receive the transit opposition of Neptune as the company dissolves and closes about 790 of its 3,189 U.S. dealerships.
With a retrograde Mercury in opposition to Pluto in the U.S. horoscope, it is no wonder that the American automobile industry has a historical pattern of repeating crisis and transformation.
1 The GM progressed Saturn stationed direct in November 1978. That month, a 1973 Monte Carlo Chevrolet, burst into flames after it was struck by a pickup truck that crossed the median of the Kansas Turnpike and six people were killed. Attorneys for Ulysses Betts, 10 years old, the sole survivor, and other relatives held that GM had been negligent in placing the fuel tank under the trunk and asked $45 million in damages. In 1983, a jury cleared the General Motors Corporation of responsibility for the automobile crash.
In 1947, when the GM progressed Saturn, in retrograde motion, made its first exact opposition to the Sun, the founder of General Motors, William C. Durant, died.
© 2009 Robert P. Blaschke