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Old 06-08-2009, 08:50 AM   #1
jw jw is offline
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Apr 2007
USA
519
Default Penske to buy Saturn from GM

Interesting....
Quote:
NEW YORK (AP) -- General Motors Corp. strikes a tentative deal to
sell its Saturn brand to former race car driver and auto dealer Roger Penske.
Penske, who owns the Penske Automotive Group dealership chain,
told reporters on Friday that he plans to offer all 350 Saturn dealerships new franchise agreements. He says Saturn's 13,000 employees will stay on with the company for at least the immediate future.
if He declined to name the price for the deal.
Penske says GM will continue to produce Saturn vehicles, though
he is in discussions with manufacturers worldwide about building the vehicles going forward
Link

I guess the end isnt near for Saturn after all

Last edited by jw; 06-08-2009 at 12:18 PM.
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