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Old 06-09-2009, 11:24 AM   #1
wifeofcore is on a distinguished road
Join Date: Aug 2000
Posts: 30
Default Invitation Extended to Dealers

A new story entry has been added:

Invitation Extended to Dealers

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."


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