[Tru2Chevy]

Originally Posted by qwikz28

I think it was generally understood that this was going to happen. Penske was never going to produce cars, and was the General really going to continue selling Penske cars to re manufacture? seems silly right? No one was going to sell Saturn their cars. It was a deal to help Saturn rid the cars they had on the lots. That is the only explanation that makes sense.

Penske was planning on having GM manufacture the cars for X number of years, and they were talking to another company about picking up the manufacturing once GM was done. The talks with this other company fell through, so Penske backed out of the whole thing, and GM apparently isn't interested, or just doesn't have the time / resources to try to find another interested buyer for the company. I suspect the latter.

Originally Posted by WildBillyT

Here's a video about it:

http://www.youtube.com/watch?v=wfltikFvhWc

So wrong.....

- Justin