Re: GM bought Saab.... - Saab General Bulletin Board - Saabnet.com
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Re: GM bought Saab....
Posted by dtechakacheaptech (more from dtechakacheaptech) on Wed, 9 Jan 2013 17:52:51
In Reply to: Re: GM bought Saab...., Scott Paterson [Profile/Gallery]
, Wed, 9 Jan 2013 17:11:06
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Scott - how much did GM pay to purchase Saab and how much did they invest - it was in the billions all told if I recall correctly. Yes they may have mismanaged the acquisition and subsequent spending as well - as maybe only GM could but they did step up and infuse cash and did some things to try and make the brand viable.
I think EGDs point is would have SAAB been able to survive any longer or as long as they did without a buyer with deep pockets. Yeah a better owner may have managed to turn things around but it's all ancient history now. Unfortunately it got kind of ugly at the end.
So when you say decent selling yrs - what profits if any were being generated during those years ? It was all too common to read articles in the European press which consistently described Saab as a "loss making auto manufacturer " or "loss making unit of GM".
Have not owned a GM vehicle other than Saab in a long while and have no plans to do so .
posted by 98.245.21...
Posts in this Thread:
- GM’s New Ad Campaign:, JustinHiFi , Wed, 9 Jan 2013 04:44:17
- GM bought Saab...., Noel, Wed, 9 Jan 2013 10:50:26
- On limited imagination (Re: GM bought Saab....), Dan-O, Thu, 10 Jan 2013 05:10:32
- Re: GM bought Saab...., EGD , Wed, 9 Jan 2013 11:04:20
- false dichotomy, TML , Thu, 10 Jan 2013 08:41:05
- the brand was too weak, JohnA , Wed, 9 Jan 2013 19:29:58
- Re: GM bought Saab...., Scott Paterson , Wed, 9 Jan 2013 17:11:06
- Re: GM bought Saab...., dtechakacheaptech, Wed, 9 Jan 2013 16:15:40
- Re: GM’s New Ad Campaign:, No Snaab, Wed, 9 Jan 2013 08:37:25
- Yeah, my blood pressure shot up when I saw that, MI-Roger , Wed, 9 Jan 2013 08:23:05
- GM’s New Ad Campaign:, larry, Wed, 9 Jan 2013 07:51:33
- Re: GM’s New Ad Campaign: "Find New Roads", RobsSaab, Wed, 9 Jan 2013 04:58:01
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