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Old 09-30-2009, 04:58 PM   #14
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k5xs is on a distinguished road
Join Date: Dec 2001
Location: Washington DC
Posts: 4
Default Re: Detroit Free Press: Penske to Close Saturn Deal Wednesday, Jill Lajdziak Said to

News Alert
from The Wall Street Journal
Sponsored by NASDAQ OMX

Penske Automotive Group has ended its effort to buy the Saturn unit of GM,
citing concerns over the availability of future GM-made vehicles.

The disclosure immediately threw the future of Saturn back into question. GM had
said it would shutter the brand if a buyer couldn't be found. Penske Auto in
June agreed to acquire the brand with the exception of its manufacturing


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