Automotive News Adds Credibility to Penske-Renault Samsung Report

Samsung QM5 Sport-Utility

From Automotive News: Roger Penske, chairman of Penske Automotive Group, met in Paris the week of May 11th with Renault-Nissan CEO Carlos Ghosn to discuss a deal, say sources familiar with the talks. Renault Samsung would supply several vehicles for distribution by Saturn. Samsung builds four passenger vehicles, all on Nissan underpinnings. It's not known which vehicles would be sold by Saturn or whether they would be current Samsung offerings or new ones based on Renault engineering. Also unclear: the corporate relationship between Penske and Renault-Nissan. Penske would need only about 250 Saturn dealerships to sell the Samsung vehicles in the United States, sources say. As of May 1, Saturn had 384 U.S. stores.

Random Article from the SaturnFans.com Archives

General Motors to Auction Near-Classics from Corporate Museum

Flashback Friday: 1,000,000th Saturn

Jalopnik.com reports General Motors will auction off a number of vehicles from its vaunted Heritage Center museum collection in an effort to raise cash to help offset the huge losses the company is faced with due to the global financial crisis. There are about 1000 vehicles of historical significance in storage that GM uses for the displays at the museum, but only about 150 to 200 of those vehicles can be featured at one time. On the list of vehicles to be auctioned are several notable Saturns from the past. The website says they will be sold at the upcoming Barrett-Jackson auction held January 13-19 in Scottsdale, Arizona.