BLOOMFIELD HILLS, Mich.—-Penske Automotive Group, Inc. , www.penskeautomotive.com, an international automotive retailer, announced today that is has signed a Memorandum of Understanding with General Motors regarding the Saturn brand.
June 8, 2009
GM to sell Saturn to Penske (at CNNMoney.com)
Penske Automotive Group, owned by racecar legend Roger Penske, will buy GM’s castoff brand.
AP Source: GM to sell Saturn brand to Roger Penske (AP)
A person briefed on the deal says General Motors Corp. will sell its Saturn brand to former race car driver and dealership chain owner Roger Penske.
Copart Adds Third Facility in Massachusetts (Business Wire)
FAIRFIELD, Calif.—-Copart, Inc. today announced the opening of a new facility in Warren, Massachusetts. This latest addition to Copart’s growing footprint marks the company’s third facility in Massachusetts and the 148th facility world-wide.
Lower vehicle sales erode Copart’s 3Q profit (AP)
Junk-car auction service Copart Inc. says its profit decreased 9 percent in the fiscal third quarter as the economic slump bit into sales.
Copart Reports Third Quarter Financial Results (Business Wire)
FAIRFIELD, Calif.—-Copart, Inc. today reported the results for the quarter ended April 30, 2009, the third quarter of its 2009 fiscal year.