Invitation Extended to Dealers

Saturn of Decatur

Today Saturn's 350 dealerships will receive a letter from corporate headquarters extending them an invitation to join the Penske Automotive Group. The letter will not contain a franchise agreement or any other legally binding contract. According to Saturn spokesman Steve Janisse "It's just an informational piece talking about the terms of the sale and offering them an opportunity to transition to this new owner." Janisse also told Automotive News that dealerships that decline the invitation will be transitioned into "termination mode." Specifics have not been released, as they are reportedly still being discussed by executives. Approximately 1,350 dealers are currently being transitioned to this mode inside General Motors. Perhaps the terms in their transition will set a precedent for these Saturn dealerships.

Source: Automotive News, Wall Street Journal

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Letter from Saturn Aims to Provide Owners Assurance

Saturn General Manager Jill Lajdziak

Saturn owners have never been shy about sharing their thoughts regarding our brand. So when I wrote to you a couple of weeks ago to tell about the potential changes at Saturn, I knew that I would get a strong response. Your e-mails and phone calls showed that many of you share our enthusiasm for the idea that Saturn might return to its roots as an independent company. The thoughtful comments were a clear reminder of one of the things that has always made Saturn special.