Penske plans to sell Renault Samsung vehicles through Saturn network

Earlier this month, Roger Penske of Penske Group hired former Chrysler co-president Tom LaSorda to consult him on a bid to buy Saturn and its dealer network from General Motors. According to Automotive News, Penske now plans on using the Saturn network to sell vehicles made by Renault Samsung Motors, which is owned 80.1 percent by Renault and 19.9 percent by Samsung (yes, the folks that own Samsung Electronics and manufacture cell phones).

The publications says that Roger Penske recently met with Renault and Nissan CEO Carlos Ghosn to discuss the plan in Paris.

No word on whether Penske plans on using Renault Samsung’s current models or plans to use Renault’s platforms to build new ones.

Renault Samsung currently uses Nissan platforms for its four passenger vehicles; SM3, which is based on the Nissan Bluebird; SM5 and SM7, which are based on the Nissan Teana; and the QM5, which is based on the Nissan Rouge.

– By: The Daily Auto Editor

Source: AutoWeek