Saturn Bidder Eyes Samsung Cars For Brand

Samsung, the fifth largest car manufacturer in South Korea may soon find its cars sold in the united States. Saturn dealers may soon become Samsung showrooms if the Penske group has their way.

Korea's smallest car manufacturer, Samsung, may soon locate a announce for its cars in the US if an American investor/importer has his way. Roger Penske, whose post is competently known in automobile racing, dealerships and in the distribution of smart cars, is eying Renault Samsung of Korea as its accomplice for GM's Saturn brand.

Renault Owns Samsung Motors

Penske is one of the parties bidding for Saturn, GM's erstwhile import conflict make. General Motors, who is undergoing a historic restructuring, plans to sell Saturn which means that the brand's 425 plus dealer network could soon locate itself promotion one or more brands of cars in the close future. If Penske's bid wins out, that brand could be Samsung which is 80% owned by French automaker Renault.

The Penske bid for Saturn isn't a curtains harmony nor is its quest to bring Renault Samsung vehicles to the US assured. But, the prospect of selling Asian cars through Saturn is a bit ironic final the brand's mandate from GM to be an import fighter. gone founded in the 1980s, Saturn was expected to challenge the spread of cars from Japan, particularly Toyota Corollas and Honda Civics. These days the Asian press on is from South Korea, as the country pushes Hyundai, Kia and GM Daewoo models across the Pacific.

Renault Taps Nissan For Samsung Which May pro Saturn

Renault Samsung is the smallest of South Korea's car manufacturers a shout out which is dominated by Hyundai and Kia followed by GM Daewoo and SsangYong Motors. Renault harnesses its partial ownership of Nissan to present several of the platforms for Samsung vehicles, some of which could be US bound. The QM5, SM7, SM5 and SM3 are accompanied by the Samsung models which were developed by Nissan.

Penske has been selling Daimler's smart cars back they went upon sale in the US in January 2008, in view of that the company is well acquainted like brute the exclusive distributor for a brand. The company operates more than 300 car dealerships and manages a truck leasing company in adjunct to its race car venture and extra automotive interests.

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