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See my post Re:Saab Sale. GM will sell Saab to Tata of India. Saab has been bleeding for more than 20 years and was only profitable when the swedish Government proped it up. Tata will reduce the unsustainable Saab overhead and drop out of the numerous unprofitable markets once a deal is reached with Tata. GM will need to make serious financial concessions to Tat, essentially paying Tata to take Saab off its hands.
posted by 71.178.16...
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