Wednesday, June 10, 2009 12:56:41 PM
Not to pump but Penske has announced pending deals with specialty auto manufacturers aside from the saturn thing which he was interested because of existing dealership networks. Sounds like he will be marketing several car brands through the network.
He has extensive manufacturing capacities and one of the largest truck fleets in the world.
Having done biz with rvgd one would hope that the two have some sort of relationship and might know what each other is up to.
Doug did say his next focus was truck engines did he not?
Speculation and wild wishing perhaps but also perhaps not so far fetched. Remember Peter was working on this for a few years and discussions toward a mutally beneficial future relationship might have occured.
Then again he might never have met Peter or Doug and could not care less except they are to be future competition.
Imagine the implication of a race car getting just 20% better gas milage when going round the track?
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
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