GM Kills Saturn After Penske Ends Deal
By David Goldman, CNNMoney.com staff writer Last Updated: September 30, 2009: 5:18 PM ET NEW YORK (CNNMoney.com) — Car dealership operator Penske Automotive Group announced on Wednesday that it has cancelled plans to acquire General Motors’ Saturn unit. As a result, GM said it will wind down the brand and dealer network. The announcement comes nearly […]
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