Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Penske drop bid for Saturn, GM to end brand
Reuters ^ | 9/30/09

Posted on 09/30/2009 2:06:49 PM PDT by Kartographer

Penske Automotive Group (PAG.N) said on Wednesday it has terminated discussions with General Motors Co GM.UL to acquire the automaker's Saturn brand.

GM said in a separate statement it would wind down the Saturn brand and its dealership network.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Culture/Society; US: Michigan; US: Tennessee
KEYWORDS: automakers; generalmotors; jobs; penske; saturn; theend; unemployment
Navigation: use the links below to view more comments.
first previous 1-2021-4041-50 last
To: Rick_Michael
I'd say Miata's are more manly ... they're steel not plastic... they're lighter , more responsive and you have your own racing series ,, spec Miata ..
41 posted on 09/30/2009 4:34:15 PM PDT by Neidermeyer
[ Post Reply | Private Reply | To 20 | View Replies]

To: Kartographer

I have had a little insite into GMs management practices lately. GM deserves to die.


42 posted on 09/30/2009 4:38:59 PM PDT by hopespringseternal
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer
Gee! And I thought Penske would repackage the Saturn as a COT for NASCAR....
43 posted on 09/30/2009 4:39:52 PM PDT by SuperLuminal (Where is another agitator for republicanism like Sam Adams when we need him?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

Ironic that Saturn was all about trying to break out of the UAW mold of building cars.


44 posted on 09/30/2009 4:44:05 PM PDT by CodeToad (If it weren't for physics and law enforcement I'd be unstoppable!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Xenalyte

I owned a L300 and now have a Vue. One son has a Vue and a Relay. I was planning on buying a Skye, but now.....

The shame is that the basic Saturn is the L-body which GM has used since the mid ‘90s and ttried to kill off every chance it gets (see Corsica).


45 posted on 09/30/2009 5:15:52 PM PDT by NTHockey (Rules of engagement #1: Take no prisoners)
[ Post Reply | Private Reply | To 4 | View Replies]

To: CodeToad

I can’t help wondering whether Saturn’s non-unionism had anything to BO’s decision to dump the division. Bob


46 posted on 09/30/2009 5:17:23 PM PDT by alstewartfan (I)
[ Post Reply | Private Reply | To 44 | View Replies]

To: CholeraJoe
That’s a rebadged Pontiac Solstice.

Other way around. The Sky was in development long before they put the Pontiac badge on it. If the Sky was a rebadge, it came from the Opel GT.

47 posted on 09/30/2009 5:18:19 PM PDT by al_c (http://www.blowoutcongress.com)
[ Post Reply | Private Reply | To 19 | View Replies]

To: Neidermeyer

I still own my ‘92 Black Special Edition Miata (with hard top), which I purchased new. It’s still a fun car to drive and I may never get rid of it. Nice to have a spare car, especially one that can go topless on nice days. Most of the people I have seen driving Miatas over th eyears have been middle aged men and women. Not sure why; I would have loved to have one right out of college.


48 posted on 09/30/2009 5:24:52 PM PDT by PackerBoy (Just my opinion ....)
[ Post Reply | Private Reply | To 41 | View Replies]

To: Harley
"Production workers, dealers, mechanics and many other support jobs gone away for good.... Obama you just lost another 50,000 jobs,

I just heard a news report saying 13,500.

We should start a pool to see which network or news service understates by the largest #.

49 posted on 09/30/2009 5:28:38 PM PDT by cookcounty (Videos? What videos? ....The First ACORN President has no comment.)
[ Post Reply | Private Reply | To 27 | View Replies]

To: Kartographer

I have a used Saturn that was made before the government got into the business — 1999. I am really sad to see this. Wish Ford would pick them up.

PS. I love the Saturn; good gas mileage, good handling, good everything. Insurance is less. Maintenance is less.

What to do?


50 posted on 10/05/2009 9:28:09 AM PDT by Salvation ("With God all things are possible." Matthew 19:26)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-50 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson