Re: HUH???? - Saab General Bulletin Board - Saabnet.com
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Re: HUH????
Posted by Erik919kt (more from Erik919kt) on Mon, 28 Dec 2009 13:56:07
In Reply to: HUH????, jeff04, Mon, 28 Dec 2009 13:22:10
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GM seems to be assuming that they will survive. I think their chance of having financial difficulties in the future is the same as their chance of having financial difficulties in the past, whereas the chance of another bail-out is low. GM has shown no vision for the future (they're going to make "hybrid SUV's" now) and has shown poor judgement in refusing to sell Saab, a move that would have raised some much-needed cash for them. Clearly, they have no interested in paying back the government. When GM dies, then perhaps someone will pick up the Saab brand and run with it. At that point, GM fragments will be sold off by a bankruptcy court. So wait a few years and see what happens.
posted by 96.61.4...
Posts in this Thread:
- HUH????, jeff04, Mon, 28 Dec 2009 13:22:10
- Saab a Buick..., Mark V. Moe, Mon, 28 Dec 2009 15:35:19
- Re: HUH????, Keith , Mon, 28 Dec 2009 14:30:12
- Re: HUH????, Erik919kt, Mon, 28 Dec 2009 13:56:07 <-- Viewing This Message
- Re: HUH????, ramblerdrver, Mon, 28 Dec 2009 13:28:51
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