RogerPenske

Rumors of IndyCar's Danica Patrick dipping a toe into the stock car racing pool have been swirling for months, but a new report suggests that an end to the rumors is near. ESPN says that Patrick is on the verge of signing a NASCAR Nationwide Series contract with JR Motorsports, the operation ...

Remember the rumor that Roger Penske is looking to bring Renault back to America via his recently-procured network of Saturn dealerships? Consider it a rumor no more, as the deed has been confirmed by none other than Renault's chief operating officer Patrick Pelata, who said in a recent ...

Penske Automotive Group may have reached a tentative deal go acquire the Saturn brand from General Motors back in June, but the negotiations may take until the end of September to be finalized. PAG founder Roger Penske mentioned on a conference call that the deal had to take a back seat to GM's ...

According to The New York Times, General Motors has come to terms with a consortium led by industry icon Roger Penske to sell its ailing Saturn brand. The agreement, which is expected to be announced later today, will apparently see Penske add Saturn brand and its stand-alone showroom network to ...

As the bidding to take over over the Saturn brand from General Motors nears its conclusion, it looks increasingly likely that Roger Penske will walk away with the "prize." Regardless of who takes control, all Penske is slated to receive is a network of dealers and a brand name. GM has already ...

Penske Automotive Group has reportedly contracted the services of former Chrysler President Tom LaSorda, who left the automaker when it filed for Chapter 11 protection on April 30th, to advise it on its possible bid to purchase the Saturn brand from current parent General Motors. Up until the year ...

The typical relationship between automakers and dealerships, of course, is for the dealers to sell the cars that the automaker produces. But with General Motors shedding like a dog in springtime, it's the dealers who have been looking to buy the brands themselves. Following interest expressed by ...

If an emergency loan for the Detroit 3 makes it through Congress, part of the deal will be an overseer for the industry to make sure the money is spent wisely. Of course, the question is who will fill the car czar's slippers? MotorTrend editor Angus McKenzie has come out in favor of Roger Penske, ...

1967 Chevrolet Corvette L88 Roadster – Lot 270 Unsold at $1,550,000This car bears the distinction of being the First RPO L88 Corvette ever built. It has an estimated 600 hp coming out of its massive aluminum-head 427 cu. in. V8, that is theoretically managed by an M22 "Rock Crusher" ...