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Old 10-04-2009, 10:50 PM   #1
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Default Renault Says Saturn Deal "Just Didn

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Renault Says Saturn Deal "Just Didn’t Add Up"

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Lindsay Chappell from Automotive News: In the eleventh hour of Roger Penske's venture to acquire Saturn from General Motors to keep the brand alive, Renault's executive committee in France concluded, "Ca fait deux." Rough translation: "It's not going to come together." Despite Penske's statements that his organization had been in discussions with automakers around the world, ultimately his hopes had been pinned on only one: Renault.

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Old 10-07-2009, 09:54 AM   #2
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Default Re: Renault Says Saturn Deal "Just Didn

I don't see why Renault/Nissan would be interested in supporting a North American competitor to their own products and target markets. I'm surprised that Penske would limit his options on suppliers.

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Old 10-07-2009, 10:10 AM   #3
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Default Re: Renault Says Saturn Deal "Just Didn

Seems like a cover-up for some other issue.

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Old 10-07-2009, 10:20 AM   #4
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Default Re: Renault Says Saturn Deal "Just Didn

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Originally Posted by PC Paul View Post
I'm surprised that Penske would limit his options on suppliers.

i don't think he was trying to limit his options, more like focusing on one option.

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