Saturn may follow Chrysler with possible new Equity Group Owner

By Automotive Staff | April 17, 2009
As General Motors works to beat the clock and come up with a restructuring plan that can be believed and supported by the federal government, talk continues about the ultimate destiny of one of its divisions -- Saturn.There has been talk that GM intends to keep the division. Then there is talk that it will spin it off. Then there is talk that it will sell it. Well, whatever the ultimate decision will be, GM is getting interest from a variety of possible buyers. For example, a group of investors based in Oklahoma City, Oklahoma has offered to buy Saturn. The group includes an equity firm called Black Oak Partners and a number of Saturn dealers. via Detroit News