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Saab is a money pit
Posted by Harry [Email] (more from Harry) on Thu, 4 Dec 2008 05:03:01
In Reply to: What about Saab's future?, dadunn, Wed, 3 Dec 2008 08:14:10
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See my post Re:Saab Sale. GM will sell Saab to Tata of India. Saab has been bleeding for more than 20 years and was only profitable when the swedish Government proped it up. Tata will reduce the unsustainable Saab overhead and drop out of the numerous unprofitable markets once a deal is reached with Tata. GM will need to make serious financial concessions to Tat, essentially paying Tata to take Saab off its hands.
posted by 71.178.16...
Posts in this Thread:
- GM Leadership Proves It Has NO Clue.., Red93SEInBrklyn, Wed, 3 Dec 2008 06:09:05
- yes, both GM and Ford are idiots, ryan , Wed, 3 Dec 2008 20:24:17
- Not to mention Ford, patm, Wed, 3 Dec 2008 14:09:08
- What about Saab's future?, dadunn, Wed, 3 Dec 2008 08:14:10
- Are the US brand the only ones to re-badge?, Wasabi, Wed, 3 Dec 2008 07:18:11
- Re: GM Leadership Proves It Has NO Clue.., TG, Wed, 3 Dec 2008 07:00:08
- Re: GMC and Chevy, Noel, Wed, 3 Dec 2008 06:39:00
- Yep, AdamB , Wed, 3 Dec 2008 06:22:26
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