Re: Is SAAB going under still? - Saab 9-3SS Bulletin Board - Saabnet.com
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Re: Is SAAB going under still?
Posted by RhodyDave [Email] (more from RhodyDave) on Wed, 18 May 2011 11:27:51
In Reply to: Is SAAB going under still?, 9-3 Talladega, Tue, 17 May 2011 21:08:53
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Looks to me like the recent liquidity crisis is resolved with the funds from Pangda. Whether SAAB survives long term will depend on whether they can sell enough cars to get above their breakeven. 2010 volume was disappointing. The additional Chinese volume might just do it. I was just beginning to think that they finally had straightened out their marketing when the suppliers lowered the boom. Like Kevin, I think parts availability will be OK. The SAAB parts business is lucrative - the only business that's currently profitable. Since I'm in it for the long-term (10 years?), I don't care about resale, just maintainability. I say hang in there! Not sure I'd buy a new one unless I got a really great deal, though.
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