Penske mulls Saturn bid
INDIANAPOLIS (AP)—Roger Penske says he is contemplating a bid for the Saturn automotive brand that General Motors Corp. plans to sell or shut down.
While Penske has not yet made an offer, he said Friday a decision would have to come soon and that a number of unidentified details need to be worked out.
Penske owns Penske Automotive Group, the second-largest U. S. automobile retail chain in terms of sales, and heavy-duty engine manufacturer Detroit Diesel.
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