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Penske Deal Off, GM To End Saturn Brand

Oct. 1, 2009
Penske Automotive Group has walked away from the deal, unable to find a manufacturer to make Saturns. General Motors says it will stop making Saturns and close down the brand. Some dealers say this didn't have to happen. They say Saturn could have been a shining star in the GM lineup, had the...
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GM ending production of Saturn brand

BLOOMFIELD HILLS, Mich., Sept. 30 (UPI) -- General Motors Co. said it would end production of the 19-year old Saturn brand after Michigan's Penske Automotive Group Inc. ended talks on rescuing the car.
Penske Automotive to buy GM's Saturn

Penske Automotive to buy GM's Saturn

DETROIT, June 5 (UPI) -- Auto dealership owner Roger Penske will purchase the Saturn brand from bankrupt U.S. automaker General Motors Corp., GM said on Friday.
Penske and partners talk of Saturn bid

Penske and partners talk of Saturn bid

DETROIT, May 20 (UPI) -- Two U.S. car dealers and Penske Automotive Group Inc. are discussing a purchase of Saturn's distribution network, sources close to the talks said.

Penske kicking Saturn's tires

DETROIT, May 5 (UPI) -- Penske Automotive Group Inc. says it is looking at purchasing the Saturn brand from U.S. auto giant General Motors Corp.

Penske Logistics names new S. America head

READING, Pa., Sept. 24 (UPI) -- U.S.-based Penske's transportation-logistics arm Monday named its operations vice president as managing director of Penske Logistics' South American operations.

Hornish joins Penske Racing

READING, Pa., Aug. 26 (UPI) -- Penske Racing has announced that two-time defending Indy Racing League champion Sam Hornish Jr. will join the team next season.

Penske Auto Centers close for good

CHICAGO, April 9 (UPI) -- Penske Corp. is offering outplacement assistance to about 4,000 employees laid off with the sudden closing of 563 Penske Auto Centers nationwide.

Penske Auto Centers close for good

CHICAGO, April 9 (UPI) --

Penske, Kmart battle in bankruptcy court

CHICAGO, April 8 (UPI) -- Attorneys for Penske Auto Centers faced off with lawyers for Kmart Corp. in federal bankruptcy court Monday as the companies fought over whether to continue aut

Penske, Kmart battle in bankruptcy court

CHICAGO, April 8 (UPI) --
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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
View Caption
Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler