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Old 09-30-2009, 10:29 PM   #1
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Default Collapse of Penske Deal Spells End for Saturn

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Collapse of Penske Deal Spells End for Saturn

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Sharon Terlep and John Stoll from the Wall Street Journal: A deal to save General Motors's Saturn brand fell through after former race-car driver Roger Penske unexpectedly abandoned a bid to buy its network of dealers, prompting GM to say it would shut the operation down. The Penske announcement came as a "huge surprise" to dealers, GM and Treasury Department officials, according to people familiar with the matter.

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Old 09-30-2009, 11:09 PM   #2
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Default Re: Collapse of Penske Deal Spells End for Saturn

I told you all that this would never work. At least Saturn does not die a slow and painful death.

Can we go to other GM dealers for warrenty work now? What is the deal with that.

Last edited by SaturnIONSLVUE; 09-30-2009 at 11:14 PM..

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Old 10-01-2009, 12:38 AM   #3
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Default Re: Collapse of Penske Deal Spells End for Saturn

Shuttin Detroit Down Music Video by john rich
http://www.youtube.com/watch?v=_exPnlC3wpY

http://www.cmt.com/videos/john-rich/...oit-down.jhtml

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Old 10-01-2009, 12:47 AM   #4
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Default Re: Collapse of Penske Deal Spells End for Saturn

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Originally Posted by SaturnIONSLVUE View Post
The Penske deal wouldn't have helped Detroit or US auto manufacturing even if it had gone through, if the plan was to import rebadged Korean cars...

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Old 10-01-2009, 05:15 AM   #5
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Quote:
Originally Posted by SaturnIONSLVUE View Post
I told you all that this would never work. At least Saturn does not die a slow and painful death.

Can we go to other GM dealers for warrenty work now? What is the deal with that.
Far as I know. Saturn Distribution Corp. was transferred to the new General Motors Company. That would mean GM is still responsible for replacement parts, warranty work, etc., just like Pontiac.

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Old 10-01-2009, 08:02 AM   #6
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Default Re: Collapse of Penske Deal Spells End for Saturn

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Originally Posted by K-1 View Post
Far as I know. Saturn Distribution Corp. was transferred to the new General Motors Company. That would mean GM is still responsible for replacement parts, warranty work, etc., just like Pontiac.
There will be parts. I can still find part for my 1986 ZuZu Trooper2

It is only the government that kills replacement parts by taxing inventory.
Learn this. Remember this.

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Old 10-01-2009, 09:03 AM   #7
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Default Re: Collapse of Penske Deal Spells End for Saturn

I know Penske was not going to save US Auto Market, he was only going to hurt it. But that Video was For GM Saturn.

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Old 10-01-2009, 10:26 AM   #8
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Default Re: Collapse of Penske Deal Spells End for Saturn

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