Today, Roger Penske called off talks for his takeover of Saturn, almost certainly dooming yet another General Motors division.
For so many months, it’s seemed like a slam dunk for one of the auto world’s smartest and richest executives.
Penske, whose racing team has won a record 15 Indy 500s, had come to agreement with GM to take over their once-vaunted Saturn brand as a distributor, keeping the stores open and workers making cars…Â Details
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on Friday, October 2nd, 2009 at 7:32 am and is filed under Auto Misc., Automobile.
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