News tagged with “saturn brand”. Found:
6 tagged news reports.
Your Search Returned 6 tagged news reports
GM to shut Saturn as Penske deal fails
Detroit :: MI :: USA | about 1 month ago
Credibility
It may have been a different kind of company making a different kind of car, but it is screeching to a familiar halt. Saturn -- one of General Motors' most ambitious attempts to appeal to foreign-car buyers -- instead will share the ash heap with ghosts...
Tags: General Motors Co GM, Penske Automotive Group Inc., Roger Penske, saturn brand, General Motors Co., Saturn, supply vehicles, Ford Motor Co., fell apart
GM to sell Saturn to Penske chain
Spring Hill :: FL :: USA | 5 months ago
Credibility 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...
Tags: Penske Automotive Group, Roger Penske, Penske Corp, Wichita Eagle GM, Saturn of Henderson, GM Bankruptcy Zips Along, saturn brand, Putnam Investments, General Motors Corp., mutual fund
GM hopes to make profit in 2011
Tōkyō :: Japan | 5 months ago
Credibility The company's financial adviser, Evercore Partners, estimates that GM will lose $17.5bn (£10.9bn) this year before making a profit of $3bn in 2011. The estimate is based on GM selling 16 million vehicles a year, up from current levels of less than 10...
Tags: saturn brand
GM to sell Saturn brand to Penske
Detroit :: MI :: USA | 5 months ago
Credibility General Motors has reached a deal to sell its Saturn brand to the Penske Automotive Group in a move saving some 350 dealerships and 13,000 jobs in the United States, GM said Friday. The deal comes just days after General Motors filed for bankruptcy protection...
Tags: Penske Automotive Group, Roger Penske, Penske Group, saturn brand, tentative deal, General Motors Corp, Saturn, Detroit
Dallas Business Journal: GM to proceed with sale of Saturn
Detroit :: MI :: USA | 6 months ago
Credibility General Motors said Monday that it is proceeding with the next step to sell its Saturn brand by hiring a financial adviser, S.J...The troubled Detroit automaker, which is working to restructure its operations, said it hopes to secure an agreement with...
GM dumps Pontiac in survival bid
Detroit :: MI :: USA | 7 months ago
Credibility In a desperate bid for survival, General Motors said yesterday it will eliminate the Pontiac brand, cut 8,000 more jobs than previously announced and reduce its network of deal- erships by more than 40 percent. The company also said it will speed up the...
Tags: General Motors Corp., dealers ranks, automaker tries, remaining outlets, underperforming locations, gm told, saturn brand, video conference
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