General Motors is shutting down its Saturn brand after GM failed to reach an agreement with Penske Automotive Group to acquire the car line.
So long!
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General Motors and Penske Automotive Group today confirmed details of a proposed transaction under which Penske would acquire the Saturn brand. If completed, the deal would save more than 350 dealerships and 13,000 jobs at Saturn ... Post Profile
Penske Automotive Group announced today that is has signed an agreement with General Motors regarding the Saturn brand. Under the terms of the agreement, if the transaction is completed, Penske Automotive Group would obtain the rig... Post Profile
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 supply vehicles ... Post Profile