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Saturn helps Habitat for Humanity revitalize Detroit neighborhood.

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Developing Story: Penske Backs Out of Deal, General Motors to Close Saturn


With negotiations expected to finalize tomorrow, Roger Penske shockingly announced to GM and the public today that he is backing out of the deal after failing to secure a manufacturer for the brand. For a couple of months now, Penske has been courting Renault-Nissan in an effort to outsource a model for the Saturn brand.