The renewed hopes of Saturn for a life without General Motors were dashed today with the announcement by the Penske Automotive Group that it has canceled plans to acquire the division. The decision appears to mean the end for Saturn.
Penske says it had an agreement to source vehicles from another automaker to sell under the Saturn brand, but that the automaker’s board rejected the deal.
“Without that agreement,†Penske Automotive said… Details
This entry was posted
on Wednesday, September 30th, 2009 at 6:28 pm and is filed under Auto Misc., Automobile, New Automobile Products & Tests.
You can follow any responses to this entry through the RSS 2.0 feed.
Both comments and pings are currently closed.