From Tim Higgins, Detroit Free Press - It looks like an announcement could come as early as Thursday in regards to the Penske Saturn deal closing.

Some of the signs pointing to the deal closing soon:
Jill Lajdziak, Saturn’s general manager, has asked for an early retirement package from GM, an indication that she is leaving, a person familiar with her decision said.

Saturn dealers have been asked to sign new franchise agreements with Penske.

Joe Serra, who owns two Saturn dealerships, believes everything is on track. “It looks like they are probably on the two-yard line,” Serra said.

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[Source: Detroit Free Press: Read Entire Article]

From Paul A. Eisenstein, MSNBC - While Penske is a careful strategist, he is not one to shy away from a new venture once he makes up his mind. He keeps a cadre of driven lieutenants around him, and even when they’re out of sight, they know to keep the phone close at hand, says a veteran automotive executive, now managing one of Penske’s companies.

“He’s very team-oriented and likes to listen and then take fast action,” adds Lajdziak, who says she will leave GM to stay with Saturn if asked by Penske.

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[Source: MSNBC]

Exclusive CNBC Interview of Roger Penske and Jill Jill Lajdziak.

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