Saturn Closing

Penske Automotive Terminates Discussions with General Motors to Acquire Saturn

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Penske Automotive Group today announced that it has terminated its discussions with General Motors to acquire the Saturn brand, citing concerns directly related to the future supply of vehicles beyond the supply period it had negotiated with GM.

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Jill Lajdziak Deserves Kudos for Addressing the General Motors Restructuring Plan Directly with the Saturn Community

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Less than 24 hours after General Motors announced it was planning to "explore alternatives" for Saturn, the brand's general manager, Jill Lajdziak, spoke directly to the Saturn community by way of her ImSaturn blog to address the issue. While she couldn't go into too much detail due to the sensitive and complex nature of the situation, Jill did explain what the immediate next steps are for Saturn. And she also promises more updates in the future.