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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Outlook Not Cancelled, Saturn Has 'Solid Future'

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Based on the number of e-mails I've received over the past day or two, there seems to be some unnecessary confusion surrounding the status of Saturn's upcoming midsize sport-utility. Despite what some automotive websites have recently reported, the Outlook has not been cancelled.