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Re: You Saab apologist, you!
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Posted by Maple Celt (more from Maple Celt) on Sat, 9 Aug 2003 03:59:54 Share Post by Email
In Reply to: You Saab apologist, you!, Brian, Fri, 8 Aug 2003 12:00:50
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It seems to me that a big part of Saab's profitability problem has been due to the strong Swedish Krona vs other currencies over the last few years. Good for importing - but not so good for exporters. That is something that Saab has no control over - they pump out great cars & continue to lose money.

The strategy of making 92 in Japan and 97 in the US will stabilize this problem a bit more for Saab and make it less vulnerable to future currency fluctuations.

Steve

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