J
JLA
he typical relationship between automakers and dealerships, of course
is for the dealers to sell the cars that the automaker produces. Bu
with General Motors shedding like a dog in springtime, it's th
dealers who have been looking to buy the brands themselves. Followin
interest expressed by German dealers to acquire Opel and a group o
investors including equity firm Black Oak and the brand's own dealer
to acquire Saturn, one of the country's biggest dealership groups i
stepping up to the plate as a serious contender to take over the n
hassle GM division
Suburban Detroit-based Penske Automotive Group statistically sells th
second most amount of new cars in America. It also runs truck leasing
shipping/logistics and, of course, racing operations to great success
But Penske has also got experience shaping the fortunes of automakers
as well, after handling the introduction of Smart cars in Nort
America and the turnaround of Detroit Diesel from a money-losin
operation into a profit-generating one. Of course, Penske is just on
of many potential buyers for Saturn, but with Roger's business acume
and proven track record, he's one the General can't afford to ignore
View the attachments for this post at
http://www.jlaforums.com/viewtopic.php?p=20032933#2003293
is for the dealers to sell the cars that the automaker produces. Bu
with General Motors shedding like a dog in springtime, it's th
dealers who have been looking to buy the brands themselves. Followin
interest expressed by German dealers to acquire Opel and a group o
investors including equity firm Black Oak and the brand's own dealer
to acquire Saturn, one of the country's biggest dealership groups i
stepping up to the plate as a serious contender to take over the n
hassle GM division
Suburban Detroit-based Penske Automotive Group statistically sells th
second most amount of new cars in America. It also runs truck leasing
shipping/logistics and, of course, racing operations to great success
But Penske has also got experience shaping the fortunes of automakers
as well, after handling the introduction of Smart cars in Nort
America and the turnaround of Detroit Diesel from a money-losin
operation into a profit-generating one. Of course, Penske is just on
of many potential buyers for Saturn, but with Roger's business acume
and proven track record, he's one the General can't afford to ignore
View the attachments for this post at
http://www.jlaforums.com/viewtopic.php?p=20032933#2003293
