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PENSKE bought Saturn

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Old 06-05-2009, 01:06 PM
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The Baron
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Default PENSKE bought Saturn

PENSKE bought Saturn .............. absolutely brilliant move

Watch what he will do with this brand.
Old 06-05-2009, 01:36 PM
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tcsracing1
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im impressed. He should beable to do some good things.... im going to watching this business deal
Old 06-05-2009, 02:41 PM
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DRG13
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The Planet?..Damn, he is branching out..
Old 06-05-2009, 03:02 PM
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pete95zhn
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Originally Posted by DRG13
The Planet?..Damn, he is branching out..
Old 06-05-2009, 05:05 PM
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tcsracing1
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Originally Posted by The Baron
PENSKE bought Saturn .............. absolutely brilliant move

Watch what he will do with this brand.
i suspect he will build them cheaper then GM could have thus have a better bottom line and by also utilizing the dealerships for more then just Saturn vehicles.......

Once profitable, perhaps it can be offered for sale for a tidy profit in the future?
Old 06-05-2009, 05:48 PM
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P.J.S.
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I think he bought them for the distribution channel (dealer network) so he can start moving some Smart Cars...
Old 06-05-2009, 06:28 PM
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Alan Smithee
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All Saturns are badge-engineered GM products at this point; he bought the brand for the dealer network to import Chinese and Korean vehicles.

Good for him; not good for the domestic auto industry.
Old 06-05-2009, 06:32 PM
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930man
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Smart move gm f...cked the pooch hopefully he will turn that brand around
Old 06-05-2009, 07:34 PM
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P.J.S.
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I think Saturn the brand is done... I dont think he plans on reinventing the Vue
Old 06-05-2009, 08:21 PM
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mooty
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Originally Posted by The Baron
PENSKE bought Saturn .............. absolutely brilliant move

Watch what he will do with this brand.
saturn spyder in LMP 1....
watchout porsche...
Old 06-16-2009, 02:45 PM
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Olli Snellman
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Thank god Saab is rescued, Koenigsegg bought it from GM.I hope Saab will be a quality car after that again. GM was the worst thing ever happend to this Swedish brand, the same with Volvo under Ford.
Old 06-16-2009, 05:21 PM
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Alan Smithee
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I agree about SAAB and Koenigsegg. But IMO the Volvo/Ford deal has been a win/win...Volvo's identity has been left intact, and Ford ownership has resulted in better Volvos and better Ford products.



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