Penske buys Saturn

[d-ray657]

Originally Posted by Bigerik

Penske's bright idea was to have Nissan use it's excess capacity to build the new "saturns". GM was never gonna play a part in it in the long term.

As far as government involvement in the auto industry, the Japanese have been doing it for 50 years, and it has worked just fine for them. Certainly no free market in Japan.

Interesting to have an international perspective here. Looking forward to hearing more from you.

I should know this, but I don't - are any of Japan's industries unionized?

Regards,

D-Ray