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Old 10-01-2009, 09:14 AM   #1
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Default Brand, Retailers, Jobs Face Grim Prospects as Penske Pulls Out of Saturn Purchase

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Brand, Retailers, Jobs Face Grim Prospects as Penske Pulls Out of Saturn Purchase

Quote:
G. Chambers Williams III from the Tennessean: While dealers still hope Saturn might be saved, GM expects all the dealerships will be closed by the end of next year, if not sooner. Asked if GM would seek another buyer, Thomas Pyden, a GM spokesman, said: "I guess never say never, but our focus now is on implementing the wind-down agreements and working with our Saturn retailers to be as transparent and cooperative as possible through the process."

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