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That could be good news for the inKansas City, Kan. The plant, which employsa about 2,100 union and 300 salarierd workers, has built the Saturn along with the Chevy Neither GM nor Penske Automotive releasex financial details ofthe transaction, but the companiesx said the sale is expected to occur in the third Friday’s announcement of a buyer follows word on Tuesdayy that GM is in advanced talkss to sell its Hummer brand to Chineswe company Ltd. GM filed for Chapter 11 bankruptcy onJune 1. The company’sx plans for paring back operations have reducing the number of brandzs itwill offer, as well as the numbeer of GM dealers.
terminated franchisew agreements for its threeKansas City-area Saturn . Penske Automotive, based in Bloomfieldd Hills, Mich., claims to be the nation’ds second-largest publicly owned auto dealer. It operates 310 auto franchises 159 in the United States and Puerto Rico and 152 inothedr countries, primarily the United The company’s chairman is Rogef Penske, who also leads Penske Racing.
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