Breaking news! Roger Penske has made overtures to buy Saturn from GM. A memorandum of understanding has been signed.
Penske told reporters that he expects to offer all the dealers new franchise agreements and will retain all 13,000 Saturn employees for the immediate term.Price of the deal wasn't reported.
Somehow, this news has me fantasizing about a Saturn with an Indy-car engine. VROOM!
Companion post at The Jawa Report.
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