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Not even close to enough, Bender.
Posted by Noel [Email] (more from Noel) on Mon, 19 Dec 2011 12:55:47
In Reply to: So, if every Saab fan donated...., bender [Profile/Gallery]
, Mon, 19 Dec 2011 12:28:37
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Saab needs around half a billion to cover existing debt, to keep the lights on and re-start production. Then as much again (perhaps a full billion or more) to run for a year and get the new 9-3 into production, do the necessary marketing, brand rebuilding, and adding dealers to get things going. And it needs lots of sales.....
Nice as a cash infusion from us loyalists would be, it's not enough. Not to say it wouldn't help if there were other money as well, but it's business and there are no guarantees. Not to say there aren't ways for a Griffin to rise, phoenix-like, from the ashes, but money is still the driver.
Posts in this Thread:
- TTELA reports Muller has declared SAAB bankrupt, ryan , Mon, 19 Dec 2011 00:57:46
- Will the factory survive?, dmz789qqq, Mon, 19 Dec 2011 10:11:54
- any GM shareholders here?, Siegfried, Mon, 19 Dec 2011 04:58:22
- gm just made itself liable, mark from toronto, Mon, 19 Dec 2011 04:53:26
- Muller has declared SAAB bankrupt, Raction95Aero, Mon, 19 Dec 2011 03:25:36
- Unfortunate, but expected, JerseySaab , Mon, 19 Dec 2011 03:23:56
- Re: Unfortunate, but expected, EGD , Mon, 19 Dec 2011 03:43:26
- Re: Unfortunate, but expected, Erik919kt, Mon, 19 Dec 2011 06:11:30
- GM and Saab, JerseySaab , Mon, 19 Dec 2011 04:13:22
- I don't get it. Why let all of this go to waste?, bender , Mon, 19 Dec 2011 08:58:45
- Re: I don't get it. Why let all of this go to waste?, kkelley, Mon, 19 Dec 2011 11:31:14
- +1, dmz789qqq, Mon, 19 Dec 2011 12:20:50
- Re: +1, Red93SEInBklyn, Mon, 19 Dec 2011 13:50:28
- Re: +1, davidgmills, Tue, 20 Dec 2011 11:22:13
- Re: +1, Red93SEInBklyn, Fri, 23 Dec 2011 13:42:06
- Re: +1, 11madness, Mon, 19 Dec 2011 14:10:45
- So, if every Saab fan donated...., bender , Mon, 19 Dec 2011 12:28:37
- Because GM is not a profit seeking entity, Reality, Mon, 19 Dec 2011 10:43:41
- Re: I don't get it. Why let all of this go to waste?, JohnA , Mon, 19 Dec 2011 09:10:18
- Re: Unfortunate, but expected, JerseySaab , Mon, 19 Dec 2011 04:04:42
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