Saturn

Read By

Industry Technology Tuners Videos Safety Car Crashes Concepts Spy Photos Motor Shows Motor Sport & F1 Test Drive Editors Choice

Report: $250 Million Will Save Saturn, 13,000 Jobs

Report: $250 Million Will Save Saturn, 13,000 Jobs

A $250 million grant from the American Recovery and Reinvestment Act (ARRA), could easily resolve the late breaking issues that prompted the unexpected, last minute collapse of the proposed Penske Automotive Group (PAG) purchase of Saturn, according to Todd Ingersoll, Saturn’s Retailer Council member. “This is well within the parameters […]

GM, Penske To Close Saturn Sale This Week

GM, Penske To Close Saturn Sale This Week

Detroit media reports that General Motors will announce Wednesday or Thursday it has completed the sale of its Saturn division to Penske Automotive Group, though no one from either GM or Penske will confirm the report. GM and the Penske group have been negotiating the deal since June. In an […]

Saturn to be sold to China’s SAIC ?

Saturn to be sold to China’s SAIC ?

SAIC is likely to be the potential buyer of Saturn, the flagship brand under General Motors (GM), China Automotive Review reported. GM, urgently in need of cash, is in talks with its Chinese partner SAIC, which is a potential buyer for Saturn, according to Saturn dealers. Saturn, a “breakthrough” brand […]