Re: Spyker Cedes Control of Saab to Two Chinese Firms - Saab General Bulletin Board - Saabnet.com
The banner above is an advertisment - if it asks you to download software, please ignore.
Site News -
4/9 Saab Owners' Convention Day Pass Raffle |
3/26 M Car Covers (by State of Nine)
[General |
Members |
C900 |
9000 |
NG900 & OG93 |
93 |
95 |
NG95 |
99 |
Sonett |
Vintage Models |
Clubs |
Other Cars |
FAQs |
Gifts |
Member Photo Galleries |
Member Directory |
Classifieds |
Manuals |
*Buddy Registry |
*Mileage Registry |
Polls |
What's New |
Raffle |
Photo of the Month |
Sponsors]
[Main General Bulletin Board | BBFAQ |
Prev by Date | Next by Date | Post Followup ]
Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
Re: Spyker Cedes Control of Saab to Two Chinese Firms
Posted by SENewhouse (more from SENewhouse) on Tue, 14 Jun 2011 06:39:24
In Reply to: Spyker Cedes Control of Saab to Two Chinese Firms, BrianG, Mon, 13 Jun 2011 11:48:24
Members do not see ads below this line. - Help Keep This Site Online - Signup
See today's WSJ story. The two Chinese companies own a combined 53%, but there is an agreement that no party shall seek to take control. Not sure that will hold up over time.
More concerning is the news that Spyker is still struggling with Saab production (re-started and then halted?) and the question of whether the current cash infusion is enough. And if you look at what's happening with Chinese economic management, banking, and housing markets, you have to wonder if the consumer binge and availability of capital will continue.
I am disappointed, as I really like Saabs -- even with their few shortcomings. I've made two business trips to China and admire their desire to succeed and vigorous business development. Whether or not they will be real players, near term, in a globally competitive and sophisticated auto industry is an open question. Volvo is a good omen, but don't pop the champagne cork yet. Sales volume is the key for everybody.
I am disappointed in Saab's current position, as I really like the cars. However,I am fearful that another nail has just gone into the coffin.
Would be difficult for me to take the risk of buying another new one under the circumstances.
SEN
posted by 72.34.2...
Posts in this Thread:
- Spyker Cedes Control of Saab to Two Chinese Firms, BrianG, Mon, 13 Jun 2011 11:48:24
- good (n/m), Siegfried, Tue, 14 Jun 2011 07:28:49
- Re: Spyker Cedes Control of Saab to Two Chinese Firms, SENewhouse, Tue, 14 Jun 2011 06:39:24 <-- Viewing This Message
- Ahhh, the irony of these comments.........n/m, MI-Roger , Tue, 14 Jun 2011 06:07:54
- stay calm, it is only a 29.9% share in SAAB, and is..., ryan , Tue, 14 Jun 2011 00:43:16
- Now that Chinese Firms own and control Saab, I won't..., Billy, Mon, 13 Jun 2011 17:43:40
- Look what happened to Japan.., pushrodsaab, Tue, 14 Jun 2011 04:03:28
- they do not "own" and "control" SAAB, ryan , Tue, 14 Jun 2011 00:44:05
- Volvo was in the same boat, still has great cars...., Paul H, Mon, 13 Jun 2011 18:37:09
- Why? Never buy clothes, electronics, consumer goods? nm, turrbo , Mon, 13 Jun 2011 18:07:36
- Re: Spyker Cedes Control of Saab to Two Chinese Firms, Justin VanAbrahams , Mon, 13 Jun 2011 16:45:13
- Re: Spyker Cedes Control of Saab to Two Chinese Firms, pete , Mon, 13 Jun 2011 12:45:46
Members do not see ads below this line. - Help Keep This Site Online - Signup
Post a Followup
No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.
StateOfNine.com
|
SaabClub.com
|
Jak Stoll Performance
|
M Car Covers
|
Ad Available
|
Random Saabnet.com Member Gallery Photos (Click Image)
This is a moderated bulletin board - Posting is a privilege, not a right.
Unsolicited commercial postings are not allowed (no spam). Please, no For Sale or Wanted postings, SERIOUSLY.
Classifieds are to be listed in The Saab Network Classifieds pages.
This is a problem solving forum for over 250,000 Saab owners, so expect to see
problems discussed here even though our cars are generally very reliable. This is not an anything goes
type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the
Saabnet.com Mission and Purpose Page. Please remember that you are
not anonymous. Site Contact | Site Donations | Other Sites by SP -
Poverty2Prosperity.org | Run Club Menlo Park | ScreenBot
Site Members do not see red text instructions, bottom of the page anchor ads, or box ads.
Click here to see all
the Site Membership Benefits!