shockz Posted June 5, 2009 Share Posted June 5, 2009 NEW YORK (CNNMoney.com) -- Bankrupt automaker General Motors Corp. announced Friday that it will sell its Saturn unit to car dealership operator Penske Automotive Group.Penske (PAG, Fortune 500) is owned by former race car driver Roger Penske, who owns NASCAR and IndyCar racing teams. The deal gives Penske the rights to the 19-year old brand including its five different models. GM would continue production of only the three highest-selling models: the Aura sedan, and the Vue and Outlook cross-over SUVs, for the next two years. The Saturn Sky and Astra models will be discontinued. Full story: http://money.cnn.com/2009/06/05/news/compa...enske/index.htm Link to comment Share on other sites More sharing options...
maplecookie Veteran Posted June 5, 2009 Veteran Share Posted June 5, 2009 Thank goodness someone bought them. Link to comment Share on other sites More sharing options...
+Mystic MVC Posted June 6, 2009 MVC Share Posted June 6, 2009 3d23d23d Link to comment Share on other sites More sharing options...
psybapunk Posted June 6, 2009 Share Posted June 6, 2009 I drove a 2000 SL1 for about 5 years, very happy with it. Link to comment Share on other sites More sharing options...
Growled Member Posted June 6, 2009 Member Share Posted June 6, 2009 That's good news. I hope Penske can make a go of it. Link to comment Share on other sites More sharing options...
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