instagram pinterest linkedin facebook twitter goodreads facebook circle twitter circle linkedin circle instagram circle goodreads circle pinterest circle

Quite the World, Isn't It?

Penske Automotive picking up Saturn

If there are any good news items coming out of the GM meltdown and bankruptcy filing, it could be that GM-owned Saturn, recently touted as likely to close, will survive. We bought a Saturn the second year, I think, that they were available, and were very pleased with the car (we finally traded it in for a Ford Windstar, with less success, though we still have it).

Roger Penske's Penske Automotive Group Inc. is in line to buy the Saturn brand, which strikes me as a deal with a lot of upside. Both have solid reputations and are known brands, and this could be the kind of deal that ten years from now will look like a stroke of opportunistic genius.
Be the first to comment