Report: Renault, Nissan Discuss Supply Deal With Saturn and Penske

David Pearson from the Wall Street Journal: Renault confirmed last week that it and its Japanese alliance partner Nissan are discussing a commercial deal to sell cars to Saturn, the former General Motors unit that was taken over by Penske Automotive Group (PAG) last month. Renault's chief operating officer Patrick Pelata told an an analysts' meeting that PAG Chief Executive Roger Penske is looking to forge commercial alliances with other car manufacturers. "He is looking for cars to sell. He has looked at all car makers, and he has seen that Renault has a nice line-up, sharing power trains with Nissan that are obviously adapted to the U.S. market."

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General Motors "Never Knew What to Do" with Saturn

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In an article about Saturn, NASDAQ reported that retailer Carl Galeana told the Detroit Free Press earlier this week that "GM has totally mismanaged this brand." He added, "if it's a failed brand, it's because GM never knew what to do with it."