Saturn dealers waiting for Roger Penske to make its move

All Saturn dealers are holding their breath for the possible takeover of Roger Penske, an auto magnate who saved Detroit Diesel and is now seeking to take control of the cast-off General Motors brand.

It is believed that a decision could be made as early as this week.

However, Penske and his team at Penske Automotive Group in suburban Detroit have declined to discuss the takeover until it is completed, says Autonews. It is believed that if Penske gets Saturn, he will shave dealer profits, have less generous operating rules and opt for a smaller factory organization to support it. However, the dealers know that if Saturn could be saved then only Penske can do it

Read Article