Saturday, June 6, 2009

Roger Penske Buys Saturn from GM...

Roger Penske Buys Saturn from GM
General Motors has agreed to sell its Saturn brand to Roger Penske, a major auto dealer, Mr. Penske and G.M. announced Friday.

Dealership has five days to sell entire inventory
The soon to be terminated 789 Chrysler dealerships have all of five days to sell thousands of Chrysler, Dodge, and Jeep models, or else the damned dealers may have to eat their remaining inventory. When the termination letters went out on May 14, the pink-slipped dealers had 44,000 new cars and trucks on their lots.

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