Planned sale of Saturn brand

[GTO Man]

Penske has signed a memorandum of understanding that would give his dealership chain, Penske Automotive Group, Saturn’s 350 dealerships, the companies said. Penske said that he expects to offer all the dealers new franchise agreements and will retain all 13,000 Saturn employees for now.

I applaud Roger Penske for buying Saturn, saving the dealerships and retaining 13,000 Saturn employees. Too bad there aren’t more business owners like him around.

Topic

[circletrack]

Can he snap up Chevrolet while he’s at it?

What a great example of an American!

[Author]

Replies