Posted on 05/08/2009 8:13:04 PM PDT by byteback
INDIANAPOLIS (AP) -- Roger Penske says he is contemplating a bid for the Saturn automotive brand that General Motors Corp. plans to sell or shut down.
While Penske has not yet made an offer, he said Friday a decision would have to come soon and that a number of unidentified details need to be worked out.
(Excerpt) Read more at syracuse.com ...
This is worthy of the NASCAR ping list.
Would this get Saturn into IndyCar as an engine supplier if the Captain bought the company?
Does the UAW go with it?If so then he`s wasting his money.
Does the purchase price have a “+” sign in front of it? Then I’d call it dubious.
A group from Oklahoma City is also interested in buying Saturn.
http://www.news9.com/global/story.asp?s=10189022
Geez, you know things have gotten real bad when we start selling planets!
...little intra solar system humor there folks!
Thanks, Have linked it to our NASCAR thread:
http://www.freerepublic.com/focus/news/2245694/posts?page=193#193
I doubt whether Obama would permit it without keeping the UAW. And that would be a deal breaker.
Roger Penske used to run Team Portia, back when I raced my sports car for a season at the airport down in Huntsville, Alabama, while I was at the Army Electronics School.
They were GOOD. Fortunately, I was racing in a different class.
Fiat doesn’t want Saturn.
There are people all over the world that want to buy something, if only you the seller provide the funding/financing. LOL
Hang on to Uranus!
My point is that I would take Penske over Fiat as better able to figure out how to market to US consumers.
Fiat has a small, extremely fast little car that’s actually quite durable and inexpensive, not to mention good on gas. Go look at the 2009 Fiat 500 Abarth and then come back and tell me that wouldn’t sell like mad over here.
That wouldn't sell like mad over here.
How'd I do?
Then you find out the Abarth SS version has 160hp and does 0-60 in ~6.6 seconds. It will literally eat everything in its size class.
Anticipated US MSRP - $13-14K.
Oh, yeah, forgot to mention that there’s a 200hp version coming that may be tunable to 250.... in a car that weighs 2300lbs.
F’ing rocket ship, anyone?
I was just following your suggestion. Perhaps it would sell like mad over here.
I guess ya just gotta ask yerself... am I the kind of guy that would drive a gumdrop?
I don’t care how quick and fast it is.....the sumbitch is just plain ugly.
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