" General Motors Corp. has struck a tentative deal to sell its Saturn brand to former race car driver and auto dealer Roger Penske. Penske, who owns the Penske Automotive Group dealership chain, told reporters on Friday that he plans to offer all 350 Saturn dealerships new franchise agreements. He says Saturn's 13,000 employees will stay on with the company for at least the immediate future. He declined to name the price for the deal. Penske says GM will continue to produce Saturn vehicles, though he is in discussions with manufacturers worldwide about building the vehicles going forward.(AP/ESPN)(6-5-2009) "
http://www.jayski.com/cupnews.htm#news39
Penske is a living legend when it comes to auto racing and has earned respect and receives it wherever he goes. I've seen him many times at the track and even though he's a very busy man he always takes the time to sign an autograph or pose for a picture with his fans. He already owns the second-largest U.S. automobile retail chain in terms of sales and has race teams in the IndyCar, NASCAR and Grand-Am series so I'm pretty sure he will know what to do with Saturn.
