What Really Happened? Penske Drops Saturn bid; GM Says Division Doomed
Roger Penske's failure will almost certainly result in Saturn's demise, and publicly, officially and finally ends the Roger Smith era at GM.
Roger Penske's failure will almost certainly result in Saturn's demise, and publicly, officially and finally ends the Roger Smith era at GM.
AP | DAN STRUMPF and TOM KRISHER | Posted 07.06.2009 | Business
NEW YORK — General Motors Corp. has a tentative deal to sell its Saturn brand to auto racing magnate Roger Penske's dealership group, both compa...
Steve Parker | Posted 06.27.2009 | Business
Roger Penske, Chip Ganassi and the other team owners of what was called Championship Auto Racing Teams have finally gotten their personal revenge. To...
Steve Parker | Posted 05.22.2009 | Living
Dario Franchitti dedicated his victory to his wife, Ashley Judd, whose 41st birthday they celebrated together at Long Beach - kind of a boring proposi...
Steve Parker | Posted 02.15.2009 | Business
America is the world's biggest automotive market, yet offers very little in the way of independent analysis and car, truck or motorcycle testing.
Steve Parker | Posted 01.30.2009 | Business
Happy New Year! We've had the pleasure of helping to create and now write and and moderate this automotive blog beginning in June, 2008, and so far i...
Steve Parker | Posted 01.14.2009 | Business
With car sales suffering worldwide, the marketing and advertising budgets, where many companies keep their racing dollars, are often the first budgets to be trimmed.
Steve Parker | Posted 01.10.2009 | Business
And now, it's on to the Senate! The House today passed, 237 to 170, HR 7321, the automotive loan bailout bill, and has sent it on to the Senate. H...
Steve Parker | Posted 11.29.2008 | Business
It wasn't hard to predict the demise of the "Hemi hybrid," but the end came a lot faster than expected. They should have given them a full year of production before, literally, pulling the plug.
Steve Parker | Posted 10.31.2008 | Business
The worst news from Monday's rejection of the bailout will be for, as usual, those least able to afford it.
Steve Parker | Posted 10.29.2008 | Entertainment
His movie bosses were never happy with his racing; it's not easy to get insurance on a production with a star who spends his weekends racing.
Roger Fransecky | Posted 04.24.2008 | Business
Leaders like Roger Penske derive a lot of energy from interaction, from engagement with people and with the rich invitation of learning something new each day.
Steve Parker | Posted 10.01.2009 | Business