There is a growing list of potential Saturn suitors that includes Detroit auto tycoon Roger Penske, who is interested in tapping the brand’s dealer network and possibly finding a foreign manufacturer to make new vehicles.
Penske and Saturn may join a venture with Nissan Motor Co., the Japanese affiliate of Renault, Bloomberg News reported Wednesday.
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In the frantic last weeks before Chrysler LLC was forced Thursday by the U.S. government to file for bankruptcy protection, it sought suitors from around the world.
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March vehicle sales were still bad, but automakers expressed some cautious optimism Wednesday after the monthly tally showed a smaller year-over-year decline than most had been expecting and an improvement over February’s dismal numbers.
U.S. car and truck sales totaled 857,735 units last month — a 24 percent improvement over February’s total, but 36.8 percent less than the 1,356,926 vehicles sold in March of 2008.
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