Breaking: Penske to Close Canadian Saturn Dealers

Breaking: Penske to Close Canadian Saturn Dealers
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According to a recent report on CBC Radio’s French website Radio Canada, the Penske Automotive Group plans to close all the Saturn dealers in Canada once its deal to buy the brand from General Motors is complete. At one time there were 60 Saturn dealers in Canada, but half of those dropped out of the… Continue Reading...

Report: Penske In Talks With Renault to Sell French Cars As Saturns

Report: Penske In Talks With Renault to Sell French Cars As Saturns
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If all goes as planned the Penske-owned Saturn brand could be selling rebadged vehicles from French automaker Renault in the U.S. Thought to be a wild rumor at first, Renault has now confirmed that Penske has in fact approached the automaker to supply both parts and cars. Currently Penske Automotive Group has a tentative deal… Continue Reading...

General Motors Agrees to Sell Saturn Brand to Penske

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General Motors Agrees to Sell Saturn Brand to Penske
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General Motors has reached an agreement with the Penske Automotive Group on the sale of its Saturn brand. An official announcement is expected to be made by both parties later today. The Penske Automotive Group was thought to be one of the front-runners in the bidding war, which also reportedly included Nissan/Renault, Mitsubishi and investment… Continue Reading...

Roger Penske Interested in Buying Saturn

Roger Penske Interested in Buying Saturn
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Roger Penske and Daimler Chairman Dr. Dieter Zetsche take a ride in a SMART car. Penske currently distributes SMART cars for Diamler in the U.S. and is rumored to be interested in purchasing Saturn from GM. A day after General Motors released a vague statement declaring that it is moving to “the next step” in… Continue Reading...
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