Roger Penske, known for his successful racing teams, in addition to being the nation’s second-largest auto dealer, has struck a tentative deal to buy the Saturn brand from General Motors. USA TODAY spoke with Penske on Sunday at Pocono Raceway in Long Pond, Pa.
Q: What’s the next step in your acquisition of Saturn?
A: The next step is to close the transaction, which we hope to do at the end of the third quarter. We’ll be dealing with GM on future product. Then we have the opportunity to source product from around the world as we go into future years. First, we’re putting an organization together and closing the transaction. The great news is that we have 350 dealerships that will be alive and well and will not have to be shut down. I think that’s a real by-product of this. For me personally…Â Details