Penske Auto selected to buy General Motors’ Saturn unit

Friday, June 5, 2009 General Motors Corporation (GM), an American automaker which has filed for bankruptcy protection, announced on Friday that the Penske Automotive Group (PAG) was selected to purchase Saturn Corporation. The transaction should be completed in October. The purchase includes rights to the Saturn brand, its five current models and its dealership network. […]
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Iceland voters reject deal to repay billions to UK, Dutch

Monday, April 11, 2011 Results from Iceland’s referendum on Saturday show that Icelanders overwhelmingly voted “no” on a government-approved plan to repay Britain and the Netherlands billions of euros lost in Iceland’s 2008 bank crash. In Sunday’s final results almost 60 percent rejected the deal, with the voting turnout high, the government reported. This is […]
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