Transaction would save more than 13,000 jobs; preserves renowned brand and retail network DETROIT, June 5 /PRNewswire/ -- General Motors Corp. and Penske Automotive Group today confirmed details of a proposed transaction under which Penske would acquire the Saturn brand.

By Randolph Heaster, The Kansas City Star, Mo. May 22--Hourly workers at General Motors' Fairfax plant have approved a new local contract, meaning production will resume today and 115 jobs will be added at a local GM warehouse.