Retailer Praises Penske Purchase

Craig McEwen from INFORUM: A preliminary agreement between General Motors and Penske Automotive Group to buy Saturn has put a lot of people at ease, said Andy Boen, owner of the Fargo Saturn dealership. On June 5, GM said it had agreed to sell Saturn to Penske Automotive Group, one of the nation's largest automobile dealers and owned by famous race car driver Roger Penske. "I think Penske's going to finish up the deal with General Motors by the third quarter of this year," Boen said. Nobody knew what was going to happen with the Saturn brand before the Penske announcement, he said. "Now the buyers are relaxed, and the employees aren't afraid of their future," he said.

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On the Auction Block: The Last Saturn Ion

On the Auction Block: The Last Saturn Ion

General Motors is reportedly gearing up to auction off "about 100 of its prized antique and show cars to raise cash and trim warehousing costs," according to a story in Sunday's Los Angeles Times. A check of the Barrett-Jackson website shows three historic Saturn vehicles going on the block this Thursday.