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Old 06-07-2009, 11:19 PM   #1
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Default Penske "a Good Home" for Saturn as General Motors Shrinks in Bankruptcy

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Penske "a Good Home" for Saturn as General Motors Shrinks in Bankruptcy

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Katie Merx and Doron Levin from Bloomberg: Unloading Saturn is a step toward GM's goal of disposing of four of its eight US brands while reorganizing in Chapter 11. Because Bloomfield Hills, Michigan-based Penske Auto isn't a manufacturer, it will have to find a supplier of new vehicles.

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