Renault-Nissan

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.

Saturn Deal Collapses After Renault-Nissan Backs Out

Samsung SM3

Tim Higgins from the Detroit Free Press: General Motors said today it would shut down Saturn after respected Detroit businessman Roger Penske shocked GM and 350 Saturn dealers by saying that his plans to buy the storied brand had fallen apart. The announcement came a day before GM and its dealers expected the deal to be finalized.

New Renault Fluence Provides More Insight into What Could Become Saturn’s Next Small Car

New Renault Fluence Provides More Insight into What Could Become Saturn’s Next Small Car

Last week, Renault took the wraps off the 2010 Fluence – a European version of the Samsung SM3 – a "fresh and modern" sedan, according to Edmunds' Inside Line, that "is remarkably well-equipped, with such options as a Carminat Tom Tom navigation system, keyless entry/ignition, and iPod connectivity."

Saturn Deal Still Expected to Close this Month

Kenneth Klee from the Deal Magazine: Deal by deal, the auto industry is being reinvented. Though it's obvious when you think about it, it's still head-spinning when you try to bring the scope of the activity into focus. Here is a vast swath of the global economy in the midst of an urgently needed re-engineering.

With "Golden Touch" Saturn Can Survive on Its Own

Don Hammonds from Pittsburgh Post-Gazette: Saturn's purchase by Mr. Penske may be its best asset. "The Penske organization owning the distribution and name is a major, major plus. He has a golden touch with anything he's connected with," Detroit-based independent auto analyst Tom Libby said.

Is this Saturn’s Next Small Car? Take a Closer Look at the Renault Samsung SM3...

Is this Saturn’s Next Small Car?  Take a Closer Look at the Renault Samsung SM3...

More and more industry analysts seem to agree that at some point in the next two years, Saturn retailers will begin selling a compact car that's based on the Renault Samsung SM3 you see in the picture above. While there has been evidence published to support this theory, it is only speculative at this time since none of the parties involved — Saturn, Roger Penske, or Renault-Samsung — have made any official announcements. But it doesn't hurt to take a closer look, right?

Motor Trend: Penske Hopes to "Use a Competitor’s Excess North American Capacity" for New Saturns

Samsung SM3

Motor Trend reports in its September 2009 issue that Roger Penske ultimately plans to sell Saturn vehicles that are built in North America. The magazine speculates that next-generation Saturn vehicles will be based on Renault-Samsung-Nissan models, which will be built in Nissan North American factories that have excess, spare capacity.

Renault to Help Mercedes with New Smart Vehicle, Plans Return To U.S.

Richard Read from the Car Connection: No one can deny that French automaker Renault is on the move these days. In addition to its work with Nissan on electric vehicles, the company is in talks with Mercedes-Benz to develop a new model for Mercedes' Smart brand. And here in the U.S., the company is chatting with Roger Penske about selling Renault-badged vehicles on American lots alongside Saturn automobiles - vehicles that Renault's Samsung subsidiary may begin producing after General Motors pulls the plug in 2011.

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Next Generation Saturn Midsize Vehicle Still a Mystery

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Will Saturn's next midsize car, rumored to be called the Saturn V, be offered as a sedan or wagon?