penske

First Toyota, now Volkswagen? According to the boys from Motor Trend, VeeDub is seriously considering entering into the bastion of American motorsport. That's right, NASCAR. While rumors of VW fielding a Formula 1 team have swirled for quite some time, this is the second time we've heard that the ...

IndyCar got a little more exciting this weekend. Turns out there was a bit of a mix-up during a restart at Edmonton with just a handful of laps to go that caused Helio Castroneves to incur a penalty from the ...

For years Marlboro has been nearly synonymous with Penske, its racing cars (in open-wheels especially) adorned with the tobacco company's red-and-white color scheme for decades, even if their name hasn't appeared on the cars since 2005. But after 19 years in racing together, Marlboro parent ...

Saturn general manager Jill Lajdziak spent several months this summer and fall working closely with Roger Penske and his staff, trying to iron out the details of the brand's proposed purchase from General Motors. As we all know, that agreement fell apart when Renault's board of directors vetoed a ...

This year's Sprint Cup was awarded this past weekend at Homestead, where Jimmie Johnson scored his record fourth consecutive championship with a fifth-place finish behind race winner Denny Hamlin. (Oh yeah, "spoiler alert".) Anyway, on to the interesting part: the oval speedway had some unlikely ...

For Episode #148 of the Autoblog Podcast, Jon Linkov, Consumer Reports managing editor for autos, fills Sam's chair and mulls some timely topics with Chris and Dan. First up is the wheels coming off Penske's deal to take on the ...

When the deal to sell Saturn to Penske Automotive fell through, there were likely a lot of surprised people at General Motors' Detroit, MI headquarters. Penske released a statement saying that the reason the deal fell through after months of good ...

Why Saturn Failed In the early 1980s General Motors launched a top-secret program to figure out how it could build a small car to successfully compete against the Japanese automakers. It was called the S-car program and the results of this study shocked top management at GM. It conclusively ...

Saturn fans will be saddened to hear that the brand is about to be history. Penske Automotive Group (PAG) and General Motors have been in the final stages of negotiations to transfer the brand, but late this afternoon, both parties issued statements that Penske was walking away from the deal. ...

Confirming a report we posted on earlier today, General Motors has reached a preliminary agreement to handover the Saturn marque to the Penske Automotive Group. In GM's official statement after the jump, the automaker says that the memorandum of understanding would entitle Penske to the brand's ...