Detroit Free Press: Penske to Close Saturn Deal Wednesday, Jill Lajdziak Said to be Retiring from GM

Tim Higgins from the Detroit Free Press: Detroit businessman and booster Roger Penske is on track to close a deal to buy General Motors' Saturn division on Wednesday, the Free Press learned today. The official announcement could come Thursday. Several signs point to a final deal soon: Jill Lajdziak, Saturn's general manager, has asked for an early retirement package from GM, an indication that she is leaving, a person familiar with her decision said. Saturn dealers have been asked to sign new franchise agreements with Penske. Joe Serra, who owns two Saturn dealerships, believes everything is on track. "It looks like they are probably on the two-yard line," Serra said.

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Rumors of a Sky Red Line Fuel Speculation

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Rumors of a Red Line version of the upcoming Saturn Sky roadster continue to spread on word of development of a souped-up version of the Pontiac Solstice. The Sky is expected to be available next spring; the Pontiac Solstice will hit market next month. Both cars will be built in Saturn's former Wilmington Assemby Plant in Delaware.