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So thinks the Detroit Free Press...(article)....but I think it's been done many times before.
Nevertheless; GM will provide Penske with cars for 2 years while he gets his product line in order, be it from GM or elsewhere. Local scuttlebutt is that he'll get EV's and Volt-style EREV's into the lineup.
For those who don't know: Roger Penske owns one of the most successful racing teams in the US, having won Indy several times among many other major races. He also owns the 2nd largest auto dealer group in the US.
EDIT: EV's confirmed by Penske in Auto Observer interview....
Nevertheless; GM will provide Penske with cars for 2 years while he gets his product line in order, be it from GM or elsewhere. Local scuttlebutt is that he'll get EV's and Volt-style EREV's into the lineup.
For those who don't know: Roger Penske owns one of the most successful racing teams in the US, having won Indy several times among many other major races. He also owns the 2nd largest auto dealer group in the US.
EDIT: EV's confirmed by Penske in Auto Observer interview....
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Electric Power First; Performance Later
In light of the U.S. government's emphasis on available funding for alternative-powered vehicles, Penske said "electric vehicles will be right at the forefront" and "might be the first vehicles produced in the U.S." under this new Saturn arrangement with foreign partners.
A former racecar driver and still a race-team owner, Penske said performance, which Saturn tried to highlight with its Red Line models, will take a backseat for now.
"We need to be focused on the core volume before we become a specialty house. We need to generate volume," he said, noting that Saturn's volume has fallen to less than 100,000 vehicles sold annually. "We need to get back to a 150,000-200,000 run rate. Then we'll look at specialty items.
"Performance is close to my heart and adds value to attract certain customers," he continued. "But first we have to be sure the customer base is satisfied with low-cost and efficient models."
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Electric Power First; Performance Later
In light of the U.S. government's emphasis on available funding for alternative-powered vehicles, Penske said "electric vehicles will be right at the forefront" and "might be the first vehicles produced in the U.S." under this new Saturn arrangement with foreign partners.
A former racecar driver and still a race-team owner, Penske said performance, which Saturn tried to highlight with its Red Line models, will take a backseat for now.
"We need to be focused on the core volume before we become a specialty house. We need to generate volume," he said, noting that Saturn's volume has fallen to less than 100,000 vehicles sold annually. "We need to get back to a 150,000-200,000 run rate. Then we'll look at specialty items.
"Performance is close to my heart and adds value to attract certain customers," he continued. "But first we have to be sure the customer base is satisfied with low-cost and efficient models."
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