REPORT: Penske lines up as potential Saturn suitor
Suburban Detroit-based Penske Automotive Group statistically sells the second most amount of new cars in America. It also runs truck leasing, shipping/logistics and, of course, racing operations to great success. But Penske has also got experience shaping the fortunes of automakers, as well, after handling the introduction of Smart cars in North America and the turnaround of Detroit Diesel from a money-losing operation into a profit-generating one. Of course, Penske is just one of many potential buyers for Saturn, but with Roger's business acumen and proven track record, he's one the General can't afford to ignore.
[Source: Wall Street Journal and Automotive News – subs. req'd]
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