Well that was quick, depsite having a reported 16 interested buyers, the troubled GM has already struck up a deal with Penske Automotive Group over the sale of Saturn.
Detailed in the official press release, if the deal were to go down this would give Penske complete control over the 350+ natiowide Saturn dealership along with reportedly continuing the production of the Outlook, Vue and Aura models.
There’s no word on how much the deal will go down for but if all goes well GM is hoping to close it by the 3rd quarter of this year. (more…)
Tags: aura, economy, outlook, penske automotive group, recession, Sale, vue