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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Roger Penske

Roger Penske stories: 5 news summaries

(Newser) - Saturn's hopes of a life after GM ended today when a deal to sell the brand to Penske Automotive fell through. GM said it will now begin shutting down manufacturing and dealership operations. Penske canceled the deal—which could have saved about 13,000 jobs—because it couldn't swing an... More »

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General Motors • Detroit • mergers and acquisitions • Saturn • auto industry • Roger Penske

(Newser) - Saturn dealerships around the country have been using the brand’s planned acquisition by Roger Penske to attract customers, the Wall Street Journal reports. "People want to buy from someone they like," said the owner of a Saturn dealership in Wichita. But dealership owners nationwide have since received... More »

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General Motors • acquisition • Saturn • auto industry • car dealers • Roger Penske • customer loyalty

analysis

 Penske Can Make Saturn Work 


Jun 6, 09 3:36 PM CDT
(Newser) - Roger Penske could be just what the mechanic ordered for Saturn, analysts tell the Detroit News. By leaving the manufacturing work to others—initially GM and then, for a time, foreign automakers—Saturn's new buyer will be able to focus on sales and marketing and avoid the pitfalls GM... More »

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General Motors • mergers and acquisitions • Saturn • auto industry • Roger Penske

(Newser) - Roger Penske, the racecar driver turned business tycoon, will buy the Saturn brand and dealer network from GM. The deal will save 350-plus dealerships and some 13,000 jobs if it goes through, the bankrupt parent company said in confirming the tentative agreement. The price is between $100 million and... More »

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bankruptcy • General Motors • Saturn • auto industry • Big Three • Roger Penske

Ryan Newman Wins Daytona 500

Miscue by leader Tony Stewart on final lap gives Penske team its first 500 win

Feb 17, 08 7:06 PM CST
(Newser) - It appeared that Joe Gibbs Racing was going to take today's Daytona 500; the question was whether it would be Tony Stewart or his teammate Kyle Busch. That changed after a last-lap decision by Stewart to go low on the track, blocking Busch and freeing Ryan Newman to zoom past... More »

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Tony Stewart • NASCAR • auto racing • Daytona 500 • Ryan Newman • Roger Penske

5 Stories


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