Saturn-Penske Deal Exites Employees

Ned Hunter JacksonSun.com: If the deal between Penske and General Motors closes, Penske's group would obtain the rights to Saturn's brand name and acquire certain assets as well, according to the company's website. "General Motors would continue to provide Saturn Aura, Vue and Outlook vehicles, on a contract basis, for an interim period," the Web site states. Wolkonowicz believes GM will supply cars to Penske through 2011; then the new Saturn owner will likely take production overseas. "It could be a joint venture between Renault and Samsung," Wolkonowicz said. "That could provide inexpensive small cars for sale in the U.S." Penske eventually would bring production of the Saturn brand back to the U.S. if it becomes financially feasible, Wolkonowicz said. But for that to happen, Americans would have to end their love affair with big cars and trucks - something Wolkonowicz said won't happen until gasoline returns to $3.50 a gallon or higher.

Random Article from the SaturnFans.com Archives

River Days Attendees to Compete in "Kiss My Astra" Contest for Chance to Win Backstage Passes to Bon Jovi Concert

Saturn Logo

Saturn is offering 16 contestants from the River Days audience will be selected for the opportunity to prove just how much they love Jon Bon Jovi, by kissing the Saturn Astra. Contestants who compete in the car-kissing marathon will compete for a chance to win. All who participate will win tickets to Bon Jovi's July 7 concert at the Palace of Auburn Hills, and the winner will receive two passes to go backstage before the concert. The goal is to help raise awareness and donations for Habitat for Humanity projects in the Detroit area.