Trollhattan bid due today - Saab General Bulletin Board - Saabnet.com
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Trollhattan bid due today
Posted by JBack (more from JBack) on Mon, 1 Nov 2004 06:13:40
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The Los Angeles Times, Business Section today reported that Trollhatten and Russelsheim (Germany) submit bids today to GM to become the sole factory to produce the next generation medium size cars. Sweden offers labor costs 20 - 25% lower than Germany but is further away from the main European markets, and Trollhatten would need a big investment to be able to produce 300,000 cars per year. The article also rips Saab for "...its legacy of failure" saying buyers are few and far between. Not good.
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