GM to sell Saturn brand to Roger Penske
DETROIT — A person briefed on the deal said General Motors will sell its Saturn brand to former race car driver and dealership chain owner Roger Penske.
GM scheduled a 9 a.m. conference call today with Saturn General Manager Jill Lajdziak. The person briefed on the deal said Penske will be on the call.
Penske has said his company, Penske Automotive Group of Bloomfield Hills, Mich., is interested in the Saturn brand.
