GM to shut down Saturn after Penske terminates talks with GM on uncertain future assemblyDETROIT — For those who expected General Motors’ once-funky Saturn brand to live on with a new owner, there has been a sad twist. Saturn, once billed as a different kind of car company, appears as dead as Pontiac and Oldsmobile. Court OKs Chrysler’s sale to Fiat, but Supreme Court appeal likely; GM to spend $2B on DelphiA summary of developments in the Chapter 11 bankruptcy cases of General Motors Corp. and Chrysler Group LLC Racing titan Penske’s deal to buy Saturn will bringing more foreign brands to Detroit 3’s turfDETROIT — Roger Penske is inventing a new business model on the ruins of General Motors Corp. The auto racing magnate and mega dealership owner is snapping up Saturn and opening his expanded sales network to foreign automakers looking to sell cars to Americans. GM strikes tentative deal to sell Saturn brand to Penske Automotive GroupNEW 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. Castroneves knocks teammate Briscoe off Indy 500 poleINDIANAPOLIS — When uncertainly about his future had Helio Castroneves down in the dumps, he thought about his true love — being in a race car. Business HighlightsRetailers see sales begin to recover in September NEW YORK (AP) — The nation’s stores saw their first sales gain in 14 months in September, a sign of life from shoppers that fuels some hope for the holiday shopping season. |
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