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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GM Shelves GMX002 Saturn Ion Replacement

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Sources say that General Motors has shelved the long-awaited Opel-based Saturn Ion replacement. The vehicle, rumored to be renamed 'Evoke' was believed to be scheduled for production at GM's Lordstown, Ohio manufacturing facility late next year.