Flint-Area Saturn Retailer Puts Focus on Penske, Says "Things are Progressing Really, Really Well"

Ron Fonger from the Flint Journal: Roger Penske is in the driver's seat of a new group seeking to buy Saturn, but will there be a place onboard for Flint-area mega dealer Joseph Serra? Serra has been one of two large car dealers to be working with Penske in recent weeks as the deal heats up to buy Saturn from GM. Serra said last week that he expects to be included in the new Saturn ownership group but said no deal had been worked out. On Thursday, the normally talkative Serra said that he's not discussing ownership issues as the sale progresses - at least not right now. He said he's content to let Penske, a well-known business personality, be the focus. "He's the LeBron James. He's the captain," Serra said of Penske. "Things are progressing really, really well... he's going to make the calls. I'm not in a position to say more" about the ownership. Serra has said previously that he anticipates having a share of the new Saturn and would "love to be a part of it."

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