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View Full Version : Saturn sold to Penske


msmith198025
June 5th, 2009, 01:49 PM
http://autos.yahoo.com/articles/autos_content_landing_pages/1001/gm-to-sell-saturn-brand-to-penske-dealership-chain/;_ylc=X3oDMTE3cmhncjFqBF9TAzI3MTYxNDkEc2VjA2ZwLXRv ZGF5BHNsawNzYXR1cm4tc29sZA--


General Motors Corp. has a tentative deal to sell its Saturn brand to former race car driver and dealership group owner Roger Penske, both companies said Friday.
vurbano
June 5th, 2009, 02:42 PM
This really interests me. Penske = racing IMO.
froggigger
June 5th, 2009, 04:51 PM
This really interests me. Penske = racing IMO.

The details will be interesting. Will the government have a hand in Saturn or will Penske have it free and clear. He says he is keeping the employees but will he leave the union intact? Inquiring minds want to know. :)
Bob Haller
June 5th, 2009, 05:46 PM
could move production to china as cost cutting move
msmith198025
June 5th, 2009, 08:25 PM
could move production to china as cost cutting move

Yeah....possible.
vurbano
June 6th, 2009, 02:22 PM
If the unions are involved I wouldnt blame him one bit. Get rid of the unions and the US would manufacture more of everything in the states. Employment and the economy would benefit.
Bear Paws
June 6th, 2009, 03:31 PM
could move production to china as cost cutting move
Not Roger Penske.. He is as American as Caroll Shelby, Dan Gurney, John Wayne and Rick Hendricks. I expect nothing less than a 502 "crate" motor in a Saturn Opel (Astra) by years end..:thumbup:
Bob Haller
June 6th, 2009, 03:37 PM
If the unions are involved I wouldnt blame him one bit. Get rid of the unions and the US would manufacture more of everything in the states. Employment and the economy would benefit.

Its not just unions, its tax rates environmental laws etc etc etc.

OSHA worekmens comp, etc.......
vurbano
June 7th, 2009, 06:52 AM
Its not just unions, its tax rates environmental laws etc etc etc.

OSHA worekmens comp, etc.......its unions
Derwin0
June 7th, 2009, 07:11 AM
Its not just unions, its tax rates environmental laws etc etc etc.
All reasons that auto manufacturing is expanding in the right to work States. Favorable Labor Laws, lower costs of living, and State tax incentives are helping them to expand.

That's why when the Union (UAW again) played hardball here in York, PA, Caterpillar said "Screw You" and moved to Kentucky.