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Written by John Comeskey
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Friday, 05 June 2009 |
By DAN STRUMPF and TOM KRISHER, AP Auto Writers – NEW YORK – General Motors Corp. has a tentative deal to sell its Saturn brand to auto racing magnate Roger Penske's dealership group, both companies said Friday. 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. Read More...
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Last Updated ( Friday, 05 June 2009 )
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