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Re: GM announces Saab sale possibility
Posted by MO [Email] (more from MO) on Tue, 2 Dec 2008 20:59:10
In Reply to: GM announces Saab sale possibility, 9-3 Dog, Tue, 2 Dec 2008 13:34:57
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There was no actual mention of sale of Saab in the GM report, although I'm sure they'll consider it.
My best guess right now is they leave it as part of GM-Europe and drop Saab USA. I think they were on track to turn Saab around, especially with the introduction of the 9-4X and work on future 9-3 and 9-5 models, but there is simply no money right now. I see Saab USA becoming a casualty of the financial crisis.
As others have mentioned, Saab is just a name within GM-Europe--it's fully integrated in there, and there's really nothing to sell. Still, they could sell the name. Think MG. Not a great scenario.
Matt
'00 9³
posted by 128.36.176...
Posts in this Thread:
- GM announces Saab sale possibility, 9-3 Dog, Tue, 2 Dec 2008 13:34:57
- Closing Brands and a Different Mix Proposed, Bill Homer , Wed, 3 Dec 2008 11:38:42
- What we have here is, Noel, Wed, 3 Dec 2008 06:18:18
- Watching the news this morning (Wednesday), Wasabi, Wed, 3 Dec 2008 04:50:12
- Re: GM announces Saab sale possibility, MO, Tue, 2 Dec 2008 20:59:10 <-- Viewing This Message
- Keeping Saab alive...reading between the lines....., MI-Roger , Tue, 2 Dec 2008 17:54:44
- GM announce selling SAAB--no bones about it---article, TG, Tue, 2 Dec 2008 17:35:59
- Re: GM announces Saab sale possibility, PT, Tue, 2 Dec 2008 16:45:22
- ...they're not alone in this mess, scott k, Tue, 2 Dec 2008 16:37:10
- I don't understand why GM took so long ......, TKC, Tue, 2 Dec 2008 13:51:05
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