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From Autoblog comes news from the Canadian Broadcasting Corporation's French division, Radio-Canada, that Penske will cause Saturn to cease in Canada.
- Breaking: Penske Terminates Discussions With Gm On Saturn After Failing To Agree With Third Party Automaker
This just in; Saturn will soon be history as Penske Automotive Group (PAG) announced today that it has ceased discussions with General Motors to buy the nameplate, ultimately sealing the fate of the brand. The automotive retailer said that it terminated...
- Gm Says Investor Group Is Interested In Buying Saturn
General Motors revealed on Wednesday that an investor group which includes a company called Black Oak Partners along with some of Saturn's dealers is interested in acquiring the firm's Saturn division. "Over approximately the past 60 days, a sub-committee...
- Penske Not Buying Saturn, General Motors Kills Saturn
General Motors is killing off the Saturn brand. Prospective buyer Penske had all but acquired the relatively young brand but has backed out because of an "inability to source new products beyond what it had asked GM to build on contract". GM...
- Will It Be The Penske Saturn Aura, Penske Aura, Or Perhaps Just The Saturn Aura?
Laying in wait in the grasp of the future; many strange automotive events prepare. General Motors is rapidly becoming the New GM. (And how annoyingly.) Hummer might be Chinese. Then again, it might not. Will Porsche swallow Volkswagen, or will they just...
- Some Saturn Numbers
Saturn originated as 'a different kind of car company'. At the top of the heap, however, sat General Motors. General Motors is responsible for a very large number of automotive brands and, certainly in the late 80's and early 90's, had...
Cars
SATURN IS DONE IN CANADA
From Autoblog comes news from the Canadian Broadcasting Corporation's French division, Radio-Canada, that Penske will cause Saturn to cease in Canada. General Motors-owned Saturn, transferring into Roger Penske's hands, only sold through 60 dealerships in Canada before everything went kaboom this year. Apparently, half of those dealers had already decided to forego continuing as Saturn sellers. Near GoodCarBadCar Towers, one local Saturn dealership had only a handful of used vehicles on their lot just a few days ago. Now comes this news: Saturn appears to be done selling cars in Canada.
Just 20 years ago Saturn was telling Canadians that they'd "reinvented the automobile". Rather obviously, Saturn hadn't reinvented anything but the buying process - to a degree - and was forced to sell aging models.... for a very long time. Now that Saturn's lineup is starting to resemble something competitive, General Motors has severed its bond and Penske is saying, "U.S. Only".
- Breaking: Penske Terminates Discussions With Gm On Saturn After Failing To Agree With Third Party Automaker
This just in; Saturn will soon be history as Penske Automotive Group (PAG) announced today that it has ceased discussions with General Motors to buy the nameplate, ultimately sealing the fate of the brand. The automotive retailer said that it terminated...
- Gm Says Investor Group Is Interested In Buying Saturn
General Motors revealed on Wednesday that an investor group which includes a company called Black Oak Partners along with some of Saturn's dealers is interested in acquiring the firm's Saturn division. "Over approximately the past 60 days, a sub-committee...
- Penske Not Buying Saturn, General Motors Kills Saturn
General Motors is killing off the Saturn brand. Prospective buyer Penske had all but acquired the relatively young brand but has backed out because of an "inability to source new products beyond what it had asked GM to build on contract". GM...
- Will It Be The Penske Saturn Aura, Penske Aura, Or Perhaps Just The Saturn Aura?
Laying in wait in the grasp of the future; many strange automotive events prepare. General Motors is rapidly becoming the New GM. (And how annoyingly.) Hummer might be Chinese. Then again, it might not. Will Porsche swallow Volkswagen, or will they just...
- Some Saturn Numbers
Saturn originated as 'a different kind of car company'. At the top of the heap, however, sat General Motors. General Motors is responsible for a very large number of automotive brands and, certainly in the late 80's and early 90's, had...