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September 30, 2009

Penske Abruptly Calls Off Deal to Acquire Saturn

By Rob Einaudi

Editor-in-Chief

Penske cited “concerns directly related to the future supply of vehicles beyond the supply period it had negotiated with GM.” GM then announced plans to shut down the brand. Full story at the New York Times

Saturn

Comments

08iSt
Oct 1, 2009 at 2:20 pm

I guess we can all blame the….PUNDITS! AHAHAHAHHA (i hate that commercial so much.)

GTwildfire
Oct 1, 2009 at 5:13 am

Saturn is a sort of Microcosm of GM. Saturn off’ed the Sky, and GM off’ed Pontiac.
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I guess by making things more boring they help the bottom line?
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“the supply of vehicles”?!? Saturn’s supposed to be a car company. They’re supposed to MAKE cars, otherwise they’re not a car company… they’re a different kind of car company.

08iSt
Sep 30, 2009 at 8:20 pm

the most ridiculous decision was to off Pontiac, and at the time I constantly thought “Why not save Pontiac and get rid of the downgrading Saturn?”

they got what they deserve lol

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