Penske Saturn

- Penske was in talks with GM to purchase their Saturn division http://www.inforum.com/event/article/id/...
- Tentative deal was announced on June 5, 2009 http://www.inforum.com/event/article/id/...
- Talks broke off on September 30, 2009 http://www.inforum.com/event/article/id/...
- General Motors announced it would shut down the division after a deal couldn't be reached http://www.inforum.com/event/article/id/...
- Penske reportedly dropped the talks after failing to find a future manufacturer for the cars http://www.inforum.com/event/article/id/...
- GM's contract to produce Saturn would have ran out in 2011 http://www.inforum.com/event/article/id/...
- GM dealerships will continue to service Saturn cars http://www.inforum.com/event/article/id/...

Penske Automotive Group Inc. was in talks with General Motors to purchase its Saturn division, initially announcing a tentative deal on June 5, 2009.
Talks fell through on September 30, 2009, at which time General Motors announced plans to discontinue the line completely.

Penske Saturn Links Powered by Google
- GM to sell Saturn brand to Penske - Autos- msnbc.com
  
  Jun 5, 2009 ... General Motors Corp. has a tentative deal to sell its Saturn brand to former race car driver and dealership group owner Roger Penske, ...<...
  msnbc.msn.com
- Video: Inside the Penske-Saturn deal
  
  June 5: Roger Penske discusses why Saturn was an attractive investment for him. CNBC's Phil Lebeau reports. (CNBC). Read the whole story: MSNBC ...
  huffingtonpost.com
- Steve Parker: Roger Penske - Saturn's savior?
  
  Roger Penske is making a bid for Saturn. The 72-year old Penske, the highly successful head of Bloomfield Hills, MI, Penske Automotive Group ... huffingtonpost.com
- Nissan Said to Be Possible Partner for Penske in Saturn Venture ...
  
  May 5, 2009 ... [bn:WBTKR=7201:JT] Nissan Motor Co. [], Japan's third-largest automaker, may join a venture with US retailer Penske Automotive Group Inc. ......
  bloomberg.com
- Will Roger Penske Save Saturn? | The Truth About Cars
  
  “We have been offered an opportunity to look at Saturn,” say Penske Automotive Group spokesfolks. But “it's very premature to assume ...
  thetruthaboutcars.com
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Penske Saturn News
- Strike three and you're out: Koenigsegg walks away from Saab deal
  
  Not only has the Penske / Saturn deal gone straight to hell (resulting in the "phasing out" of the brand - quite a nice euphemism there, by the way), ... (November 24, 2009)
  Examiner.com
- How the Saturn deal fell apart; default a shock
  
  LaSorda presumably would have had an ongoing role in a Penske-owned Saturn, but he's now off exploring other projects and said he hopes to work with Penske ... (November 25, 2009)
  Detroit Free Press
- Saab's Future To Be Decided In Coming Week
  
  In September, GM announced it would close down its Saturn brand and dealerships after US company Penske Automotive pulled out of a deal to buy the brand. ... (November 26, 2009)
  Motor Report
- Lansing-area car dealer optimistic for post-Saturn era
  
  "The Penske-Saturn deal held such promise for the future of the Saturn brand," he said in a statement. "For it to fall through at the last minute is ... (November 18, 2009)
  Lansing State Journal
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Penske Saturn Images Powered by Flickr and Google
Penske Saturn Blogs
- Renault's Apparent Cold Feet Killed Saturn-Penske Deal, Report ...
  
  Just as General Motors was about to seal the deal to sell Saturn to the Penske Automotive Group on Sept. 30, French automaker Renault, which had pledged to supply small vehicles to the venture, backed out, an executive involve... (November 25, 2009)
  autoobserver.com
- Penske Saturn Deal Falls Apart: GM To Shut Down Brand
  
  DETROIT — General Motors Co. said Wednesday it would shut down its Saturn brand after an agreement with Penske Automotive Group Inc. to acquire it fell apart. Penske, citing concerns of whether it could continue to supp...
  huffingtonpost.com
- Penske/Saturn Deal Is Off | Stock Car Spin | A NASCAR Blog
  
  So much for Penske Racing developing a new Saturn race car. News broke today that the Saturn/Penske/GM deal has fallen apart. General Motors will be shutting.
  stockcarspin.com
- Progressive Values: Why The Penske Saturn Rescue Deal Failed
  
  The GM offer to sell Penske Saturn was a pretty empty offer. If GM really wanted the deal to succeed they could have provided an ongoing arrangement for Penske to sell American versions of European GM models not normally sold ...
  progressivevalues.blogspot.com
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Mahalo Answers for Penske Saturn
- What are the orbit cycles of Saturn? 1 Answer
  
  The remaining synodic cycle of major planets in adjacent orbits is that of Saturn-Uranus. Two conjunctions, 90.72 years, complete a first order recurrence cycle... read more
- Where can I find Saturn in the sky? 3 Answers
  
  WolframAlpha is awesome at these types of questions. Type "Saturn" and "Today" into the computational engine, and it will figure out your location - and show yo... read more
- Why does Saturn's rings not collapse? 2 Answers
  
  Saturn's rings are not solid objects; they are composed of countless particles ranging in size from dist to boulders, each in an independent orbit around Saturn... read more
- Did the Greeks personify Saturn as their God, Kronos? 1 Answer
  
  He was the god of harvest, he was the youngest of the titans and he was the one who overthrew his father (kind of ironic since it happened to him as well). He i... read more
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On Twitter Powered by Twitter
- Aborted Saturn deal 'shocked' would-be buyer Penske Automotive http://bit.ly/5xZl6A
- Aborted Saturn deal 'shocked' would-be buyer Penske Automotive (Lansing State Journal) http://bit.ly/8RVvxq
- Aborted Saturn deal 'shocked' would-be buyer Penske Automotive - Lansing State Journal http://tinyurl.com/ydyhuak
- Aborted Saturn deal 'shocked' would-be buyer Penske Automotive http://bit.ly/5z8364
- Renault's Apparent Cold Feet Killed Saturn-Penske Deal, Report ...: Just as General Motors was about to sea.. http://bit.ly/5t0KIf
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Related Mahalo Pages
- Roger Penske