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General Motors' Sale Of Saturn To Roger Penske Nearly Done

General Motors' Sale Of Saturn To Roger Penske Nearly Done

By Richard Read's avatar Richard ReadRichard Read September 29th, 2009

Roger Penske

Roger Penske

Enlarge Photo

Good news for Saturn enthusiasts (and we know there are quite a few of you): General Motor's deal to sell the brand to businessman Roger Penske seems to be on track. According to Detroit Free Press, Saturn's general manager, Jill Lajdziak, has requested an early retirement package from GM, and "Saturn dealers have been asked to sign new franchise agreements with Penske". Final details could be made public this week, which would be in keeping with GM's stated goal of wrapping up the sale by the end of the third quarter. Sounds like HUMMER can expect a lonely weekend at the GM orphanage. [Freep]

Roger PenskeEnlarge Photo Good news for Saturn enthusiasts (and we know there are quite a few of you): General Motor's deal to sell the brand to businessman Roger Penske seems to be on track. According to Detroit Free Press, Saturn's general manager, Jill Lajdziak, has requested an early retirement package from GM, and "Saturn dealers have been asked to sign new franchise agreements with Penske". Final details could be made public this week, which would be in keeping with GM's stated goal of wrapping up the sale by the end of the third quarter. Sounds like HUMMER can expect a lonely weekend at the GM orphanage. [Freep]

Tags: General Motors, Saturn, GM, Industry



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