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Created by dipity on May 24, 2009
Last updated: 11/02/10 at 02:14 AM
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...decided to run both Sprint Cup and Nationwide next year. “The goal there is to be that first guy to get [team owner] Roger Penske a NASCAR championship, whether that’s Nationwide or Cup,” Keselowski said. “I want to be that guy. That’d be cool. “I think...
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SpeedTV
http://nascar.speedtv.com/article/nns-penske-racing-to-move-to-two-car-team/
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PHOENIX -- Universal Technical Institute (UTI) Foundation announced Roger Penske has donated $25,000 toward the Brienne Davis Memorial Scholarship for one qualified female to attend UTI's NASCAR Technical Institute in Mooresville, N.C. The Penske
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NASCAR
http://nascar.com/2009/news/business/12/03/rpenske.donates.to.brienne.davis.scholarship/index.html?eref=/news/business
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...nixed a deal Sept. 30 to supply Saturn dealers with vehicles after Detroit carmaker General Motors Co. stopped. Even Roger Penske, head of Bloomfield Hills-based Penske Automotive Group Inc., couldn't save the brand GM launched in 1990 to fight imports. "We...
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Lansing State Journal
http://www.lansingstatejournal.com/article/20091127/NEWS03/911270313/1004/NEWS03
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When Rikki Kirchner of Santa Clarita, Calif., heard that Saturn was going out of business, she marched out to her Saturn Astra and ripped the General Motors emblems right off the car.
"I know a guy who did that too. Heck, Saturn's an orphan right now,
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Pittsburgh Post-Gazette
http://www.post-gazette.com/pg/09279/1003274-185.stm?cmpid=news.xml
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By Paul Ingrassia General Motors and the United Auto Workers union have waged war against each other—sometimes hot, sometimes cold—for most of the past 80 years. One of the few things on which they collaborated, sadly, was undermining Saturn, which
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Wall Street Journal
http://online.wsj.com/article/SB10001424052748704471504574447122719252350.html?mod=WSJ_topics_obama
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Kurt Busch finds himself sitting in fourth spot and 75 points out of first in the 2009 Chase. So far this season, he has had one win, eight top fives and 16 top 10s. Despite all this, there is still turmoil with the team.
His crew chief, Pat Tryson,
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FOX Sports
http://www.pheedcontent.com/click.phdo?i=f99d7077bb24870f3c660c18ee97a47a
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...Motors said Wednesday it would shut down its Saturn brand after respected Detroit businessman Roger Penske, who made his mark as a race-car legend and entrepreneur, shocked GM and 350 Saturn dealers by saying his plans to buy the storied brand had fallen apart. The...
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The Tennessean
http://www.tennessean.com/article/20091001/BUSINESS01/910010360/1003/BUSINESS
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Today, Roger Penske called-off talks for his takeover of Saturn, almost certainly dooming yet another General Motors division.
For so many months, it's seemed like a slam dunk for one of the auto world's smartest and richest executives.
Penske, whose
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Huffington Post
http://www.huffingtonpost.com/steve-parker/what-really-happened-pens_b_305770.html
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Roger PenskeEnlarge Photo
Good news for Saturn enthusiasts (and we know there are quite a few of you): General Motor's deal to sell the brand to businessman Roger Penske seems to be on track. According to Detroit Free Press, Saturn's general manager,
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The Car Connection
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http://feedproxy.google.com/~r/TheCarConnection/~3/Fj_DhLGZ-uE/1035868_general-motors-sale-of-saturn-to-roger-penske-nearly-done
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All Saturn dealers are holding their breath for the possible takeover of Roger Penske, an auto magnate who saved Detroit Diesel and is now seeking to take control of the cast-off General Motors brand.
It is believed that a decision could be made as
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Auto Spies
http://www.autospies.com/news/Saturn-dealers-waiting-for-Roger-Penske-to-make-its-move-48354/
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...businessman and booster Roger Penske is on track to close a deal to buy General Motors Saturn division on Wednesday, the Free Press learned today. The official announcement could come Thursday. GM and Bloomfield Hills-based Penske Automotive Group, the nations...
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Detroit Free Press
http://www.freep.com/article/20090928/BUSINESS01/90928066/1202/RSS
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As someone that has run many race teams, frankly, when a guy tells me he is leaving to join another team, dont let the door hit you in the back on the way out!
The damage they can do is very bad to an team. The guy is telling the team how much better
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Sports Blogs
http://rd.sportsblogs.org/viewEntry.php?id=2083744&src=rss
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We've spent billions of dollars stabalizing the American auto industry, but it is still uncertain how the industry will right itself.
General Motors plans on being more responsive to customers, more nimble, and more environmentally friendly. Ford is
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The Business Insider
http://feedproxy.google.com/~r/businessinsider/~3/YRX3R-xKfVQ/how-roger-penske-is-going-to-fix-saturn-2009-9
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Roger Penske says the future of Saturn is as a distribution company. G.M. will supply cars for two years, after which he would need a foreign manufacturer.
Roger Penske is not used to losing, on the track or in the boardroom. Saturn could be his
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The New York Times
http://feeds.nytimes.com/click.phdo?i=de7c3b3f377d227c2e5235a874eba87b
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Canada's 46 Saturn dealerships will wind down by the end of the year as a result of entrepreneur Roger Penske's purchase of the brand, General Motors Co. spokesman Stew Low says.
Future models of Saturn vehicles "will no longer be sold in Canada based
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Canada.com
http://feeds.canada.com/~r/canwest/F1283/~3/M3rjAPJ3w2o/story.html
Excerpt
As General Motors heads into its brave new incarnation, it left behind three brands that didn't make the cut.
The three orphaned brands -- Saab, Saturn and Hummer -- all found buyers. But can they survive in a tough, competitive marketplace?
Saab was
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Pittsburgh Post-Gazette
http://www.post-gazette.com/pg/09246/995164-28.stm?cmpid=news.xml
Excerpt
Will Power gets teased all the time about his name, but the former Australian IndyCar Series driver showed a lot of it in trying to secure a ride for 2009 after his team lost its funding.
Power, 29, could have slunk back to Toowoomba, Australia, but
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Sacramento Bee
http://www.sacbee.com/sports/story/2130456.html?mi_rss=Sports
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First came the news that GM was going to sell Saturn. Then came the news that Roger Penske, of all people was going to buy run Saturn. And now the speculation swirls around just what Penske will do with his newly acquired car company. So far, it can be
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CarREVIEW.com
http://reviews.carreview.com/blog/saturn-penske-electric/
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I asked last week for advice about what business magnate Roger Penske should do now that he's bought Saturn, and boy, did you come through.
From reinstating the Saturn Homecoming owner's convention in Tennessee to where the cars should be built, what
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Detroit Free Press
http://www.freep.com/article/20090621/COL14/906210506/1014/rss13
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Rebecca Cook/ReutersRoger Penske is poised to own his own car brand: Saturn. But while it may be a relief for many to see one of the more prosperous and industrious American families taking a role in the auto bailout ...
Roger Penske is the sort of
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Pakistan News.net
http://feeds.pakistannews.net/?rid=25305915&cat=3a8a80d6f705f8cc
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Roger Penske with his sherpa guide Torvit on his great global Saturn adventure
Remember last week when I postulated about Saturn being purchased by Magna? Well, forget that and perhaps even forget about Magna purchasing Opel. Instead, the Saturn brand
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Edmunds
Related Topics
http://blogs.edmunds.com/strategies/2009/06/thoughts-from-the-curb-helping-penske-with-his-great-global-saturn-search.html
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"I’m pretty proud to say we haven’t had to lay anybody off," said Conrad Holt, managing partner of Saturn of DFW.
STAR-TELEGRAM/JOYCE MARSHALL
There may not have been anybody more thrilled than Conrad Holt when General Motors announced Friday that it
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Fort Worth Star-Telegram
http://www.star-telegram.com/arlington_news/story/1424382.html
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General Motors' reorganization has created a chance for experimenting with new ways of operating in the auto industry, and Roger Penske has characteristically seized the opportunity with his purchase of GM's Saturn brand.
Penske plans to buy some
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Detroit News Online
http://www.detnews.com/article/20090609/OPINION01/906090318/1007/rss07
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What did you do over the weekend? Roger Penske, one of the first guys to make racing a paying proposition, did the usual. He won at the Texas IndyCar race, made a good showing in the Sprint Cup race at Pocono, and, oh yeah, decided to buy Saturn from
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Wired
http://feeds.wired.com/~r/wiredautopia/~3/EcoMrZ0LBxg/
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Late last week General Motors announced that Penske Automotive Group made a successful bid to purchase Saturn, saving GM's youngest division from being cast aside like yesterday's lunch as GM heads into bankruptcy.
Edmunds' AutoObserver talked with
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Edmunds
http://blogs.edmunds.com/straightline/2009/06/roger-penske-has-big-plans-for-saturn.html
Excerpt
He’s been called a “competitive cuss,” especially by those who’ve had to go up against him, whether on track or in a business deal. Roger Penske is a take-no-prisoners kind of executive, someone whose basic approach is to outwork, outthink, and
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MSNBC
http://www.msnbc.msn.com/id/31131864/ns/business-autos/
Excerpt
Roger Penske is the sort of power player that embodies the many triumphs of the U. S. auto industry over the last century.
He flipped a successful race car driving career into a sprawling auto sports empire, the second-largest publicly traded
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Canada.com
http://feeds.canada.com/~r/canwest/F1279/~3/fs1ZpXwAhEQ/story.html
Excerpt
Billionaire Roger Penske, one of few Detroit auto men whose named is still golden, has a tentative deal to buy General Motors’ Saturn brand late this summer or in early fall. The price was not disclosed by Penske or GM, which announced the deal last
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Muckety.com
http://news.muckety.com/2009/06/08/roger-penske-one-of-the-few-heroes-left-standing-in-detroit/16441
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Roger Penske's two passions are clear -- racing and business. Not only has he been successful in both arenas, Penske has been able to integrate the two.
Leadership Development Specialist L. Todd Thomas ("Dr. Todd") PhD, M.S, M.A,
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The Street
http://www.thestreet.com/p/_rmrss/comment/leadership-matters/10510207.html
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Breaking News: An American car company will soon be taken-over by a business person who has expertise in the car industry. And the guy “taking over” is actually “happy” about it.
As the bankrupt General Motors corporation seeks to get rid of it’s “non
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Town Hall
http://www.townhall.com/columnists/AustinHill/2009/06/07/capitalism,_and_roger_penske,_to_the_rescue
Excerpt
Car racing legend Roger Penske's bid to buy Saturn won rave reviews from auto industry insiders and Saturn's own dealer network, but tough choices remain for the Ohio-born Penske about where to manufacture a brand that General Motors is abandoning.
On
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The Tennessean
http://www.tennessean.com/article/20090606/BUSINESS01/906060340/-1/RSS05
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...white knight has brought home more than a few winners in his day, both on the race track and in the business world. Now Roger Penske has a chance for another win, one that would salvage a popular automotive brand. General Motors Corp. announced Friday it...
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Southern CA Press-Enterprise
http://www.pe.com/business/local/stories/PE_Biz_S_saturn06.4b04428.html
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...in the early 1990s, Chrysler CEO Lee Iacocca seriously considered naming Roger Penske to succeed him. But Penske, a legendary figure in auto racing, was not about to give up his life around race tracks, which Iacocca made a condition. "I wouldn't take on any...
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Business Week
http://www.businessweek.com/bwdaily/dnflash/content/jun2009/db2009065_956038.htm?campaign_id=rss_daily
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CHICAGO,
June 5 (Xinhua) -- Detroit auto tycoon Roger Penske, who has reached a tentative
deal to acquire the Saturn brand and dealer network, wants to eventually build
vehicles in the U.S. after initially importing from a foreign
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Xinhua
http://news.xinhuanet.com/english/2009-06/06/content_11496200.htm
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DETROIT - General Motors says it's in the early stages of exclusive negotiations (a memorandum of understanding, or MOU) to sell Saturn division to Penske Automotive Group. The man whose team won the Indianapolis 500 this year, Roger Penske, will sign
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Motor Trend
http://blogs.motortrend.com/6550724/car-news/roger-penske-the-man-who-should-run-gm-will-buy-saturn/index.html
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FILE - In this file photo taken Jan. 3, 2006, Roger Penske is shown during an interview with the Associated Press in Detroit with a mural of the city in the background. A person briefed on the deal says General Motors Corp. will sell its Saturn brand
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Miami Herald
http://www.miamiherald.com/sports/breaking-news/story/1083773.html
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A customer looks at several different Saturn models for sale at a Saturn dealership in San Jose, Calif., Friday, June 5, 2009. General Motors Corp. has a tentative deal to sell its Saturn brand to auto racing magnate Roger Penske's dealership group,
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The Washington Post
Related Topics
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/05/AR2009060502637.html?nav=rss_business/industries
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Saturn has become the third General Motors brand to find a buyer after Opel and HUMMER. The Penske Automotive Group (PAG) headed by Detroit business tycoon Roger Penske is the successful bidder that outdid 15 others in the race to acquire the 24
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Wolrd Car Fans
http://feeds.worldcarfans.com/~r/worldcarfans/Jxfz/~3/ZHMmia3Ikag/gm-and-penske-announce-tentative-deal-for-purchase-of-saturn
Excerpt
Saturn now finds itself with a new owner in the form of racing legend Roger Penske.
Roger Penske is buying Saturn, as General Motors looks to recover from bankruptcy. This is the same Roger Penske who owns NASCAR and IndyCar racing teams, and who
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Associated Content
Related Topics
http://www.associatedcontent.com/article/1818090/roger_penske_buying_saturn_car_company.html
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...this file photo taken on Friday, May 8, 2009, team owner Roger Penske looks on during practice for the Indianapolis 500 auto race at the Indianapolis Motor Speedway in Indianapolis. A person briefed on the deal said Friday, June 5, 2009, General Motors Corp....
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Daily Breeze
http://www.dailybreeze.com/business/ci_12528055?source=rss
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...Penskeâs Penske Automotive Group Inc. is buying Saturn! Roger Penskeâs Saturn buy comes at only $100 to 200 million price tag, says insiders. Roger Penske says today that the deal will close by next quarter. âWe would expect to have a lineup manufactured by...
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Lalate News
Related Topics
http://news.lalate.com/2009/06/05/roger-penske-buys-saturn/
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...― General Motors Corp. has a tentative deal to sell its Saturn brand to former race car driver and dealership group owner Roger Penske, both companies said Friday. Penske has signed a memorandum of understanding that would give his dealership chain, Penske...
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CBS2 Chicago
http://cbs2chicago.com/national/GM.sells.saturn.2.1032624.html
Excerpt
FILE - In this file photo taken Jan. 3, 2006, Roger Penske is shown during an interview with the Associated Press in Detroit with a mural of the city in the background. A person briefed on the deal says General Motors Corp. will sell its Saturn brand
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The Washington Post
Related Topics
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/05/AR2009060501039.html?nav=rss_business/industries
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According to The New York Times, General Motors has come to terms with a consortium led by industry icon Roger Penske to sell its ailing Saturn brand. The agreement, which is expected to be announced later today, will apparently see Penske add Saturn
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Autoblog
http://feedproxy.google.com/~r/weblogsinc/autoblog/~3/v1lp7In6HCI/
Excerpt
No, not the planet - the defunct auto brand.
A person briefed on the deal says General Motors Corp. will sell its Saturn brand to former race car driver and dealership chain owner Roger Penske. GM has scheduled a 9 a.m. EDT conference call with Saturn
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Outside the Beltway
http://feedproxy.google.com/~r/OTB/~3/L3rNXhtYzng/
Excerpt
General Motors is expected to announce later this morning that it has reached a tentative deal with Detroit auto tycoon Roger Penske to buy the Saturn brand and dealer network.
Negotiations between General Motors Corp. and the Penske group could
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Auto Spies
http://www.autospies.com/news/Roger-Penske-On-the-Verge-Of-Buying-Saturn-44744/
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board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the
opinions of the individuals who post them, and do not
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Democratic Underground
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x3909178
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AP Auto Writer
Copyright 2009, The Associated Press. The information contained in the AP Online news report may not be published, broadcast or redistributed without the prior written authority of The Associated
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Grand Junction Sentinel
http://www.gjsentinel.com/news/content/shared-gen/ap/National/GM_Saturn_Penske.html?cxtype=rss&cxsvc=1&cxcat=0
Excerpt
General Motors has agreed to sell its Saturn brand to Roger Penske, a major auto dealer, and a deal is expected to be announced on Friday, a person with direct knowledge of the matter said.
The move is the latest by G.M. to sell off assets as it
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The New York Times
http://www.nytimes.com/2009/06/06/business/06saturn.html?partner=rss&emc=rss
Excerpt
DETROIT (AP) -- A person briefed on the deal says General Motors Corp. will sell its Saturn brand to former race car driver and dealership chain owner Roger Penske.
GM has scheduled a 9 a.m. EDT conference call with Saturn General Manager Jill
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11Alive | Atlanta
http://www.11alive.com/rss/rss_story.aspx?storyid=131092
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