Penske

Smart Sales Sputter, But Upcoming Products Will Broaden Appeal
Smart Sales Sputter, But Upcoming Products Will Broaden Appeal

Smart's newness in the U.S. is wearing off, and demand for its only U.S. model, the Fortwo two-seater is, falling. According to Automotive News, the Smart brand will likely sell fewer than 100,000 vehicles worldwide, down from 114,000 in 2009. Citing a report from the German paper Der Spiegel, it...Read More»

Roger Penske
Penske Is Feeling Very Anti-Social Media

New technology always comes with its share of detractors. Renaissance Brits hated the fork. Silent film vamp Clara Bow hated talkies. And now, Penske Automotive Group has taken a stand against social media. In a brief interview with Automotive News,  the company's vice president of business...Read More»

GM representatives with GMC Sierras and supplies bound for Haiti
One Month Later: How The Auto Industry Has Helped Haiti

Exactly one month ago, on January 12, an earthquake measuring 7.0 on the Richter Scale devastated the city of Port au Prince and other parts of Haiti, resulting in at least 212,000 deaths. Almost immediately, support began pouring in from individuals, governments, and corporations around the globe...Read More»

2010 Subaru WRX STI by SPT Concept
Subaru Previews SEMA Concepts, A Zagato Ferrari: Today’s Car News

Subaru will present two new concept cars at next week’s 2009 SEMA Auto Show as well as a very unique vehicle from the automaker’s past. The two concepts are based around the 2010 WRX STI and Legacy and use parts from the automaker’s in-house performance shop Subaru Performance...Read More»

'Dear John' letter from Saturn
Saturn's 'Dear John' Letters: Savvy Or Schmaltzy?

Saturn fans are an exceptional bunch. Despite recent surveys showing brand loyalty to be a thing of the past, Saturn owners' passion for their rides is the stuff of legend -- so the fact that slowly dying Saturn recently sent "Dear John" letters to its customers seems oddly appropriate. The...Read More»

2009 Saturn VUE Hybrid
Saturn Production Halted, Remaining Cars Sold Off Within 4 Months

Last week the sudden breakdown of a planned supply agreement between Penske and Renault/Nissan led to Penske's cancellation of its purchase of the Saturn brand from General Motors. That, in turn, led to GM's immediate start of winding down the brand. Now a time frame for the brand's departure has...Read More»

saturn logo
GM Launches Saturn On A 13-Month Death Spiral

And now comes the unpleasantness: in the aftermath of its failed sale of Saturn to Roger Penske, General Motors has begun winding down the Saturn network. The brand will close for good just over a year from now. GM executives held a conference call with Saturn dealers yesterday to talk through the...Read More»

Saturn Logo
BREAKING: RIP Saturn? Penske Walks Away After Failing to Find Cars

General Motors will shut down the Saturn brand after Penske Automotive ended negotiations on an agreement to buy the brand and dealer network. Penske was unable to find any global automakers to supply him with cars. The agreement between GM and Penske had been under negotiation since early June...Read More»

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