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Old 06-05-2009, 12:40 PM   #11
Admiral Beez
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Location: Toronto, Ontario, Canada
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Default Re: General Motors, Penske Outline Proposed Deal for Purchase of Saturn

Quote:
Originally Posted by piney View Post
There was more broken than not at the old Saturn. I can't see someone sinking billions of their hard-earned cash into a failed company and sticking with the former leadership team. Sometimes it is better to start fresh.
That's certainly the case with Triumph Motorcycles. They started off with great products and customer loyalty, but mismanagement and poor product innovation led them to government bail-outs and labour unrest. Finally, the government would bail-out no longer, and the company went bust. Sure enough, someone bought the brand rights, and started fresh, and the new Triumphs are very popular and great bikes, see www.triumph.co.uk

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