Penske Automotive Group, owned by racecar legend Roger Penske, will buy GM’s castoff brand.
Source: CNNMoney.com
Date: 6/05/2009
Keys: Finance, mergers and acquisitions, marketing
Link: http://money.cnn.com
Questions for discussion:
- Will the absence of any association between Saturn and GM be a positive or negative influence on Saturn? On GM? Explain your answer.
- Do you think Penske will be able to grow sales of Saturn after the brand is no longer associated with GM?
- How would you recommend Saturn differentiate its brand in the very crowded automobile market?
- Would you appeal to different buyers?
- Would you create any new models?
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