GM Sells Saturn!

The deal to sell General Motors Corps. Saturn brand to Roger Penske will be finalized very quickly. Roger Penske’s dealership group will retain all 13,000 Saturn employees and dealerships. This is a win win for everyone involved in the deal. This will make Saturn a much stronger and profitable company. The plan that Penske is coming up with will work. He’s planning not to get involved with the manufacturing side of the business. He wants the Saturn vehicles to be made by a manufacturing company, then basically buying the vehicles to resell in the dealerships. This would keep their costs way down, which would result in profits for the first time for Saturn. The only thing left to do is get the rubber stamps to close the deal.

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This entry was posted on Friday, June 5th, 2009 at 9:05 am and is filed under Autos, Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.