OT: SAAB in the news.....Wall Street Journal article - Saab General Bulletin Board - Saabnet.com
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OT: SAAB in the news.....Wall Street Journal article
Posted by pursang (more from pursang) on Thu, 10 Apr 2003 15:04:59
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Wall Street Journal article yesterday on page B3 covered topics discussed here before, specifically 10 years of losses, sales below targets, GM losing its patience, and that GM is days away from a decision regarding a Saabaru WRX and an Envoy based SUV (Enviggen? SAABurban?) to broaden the product line. Says dealers want a crossover vehicle to compete with the Volvo 50 and 90 series. Article also states that GM expects something tangible in return for its $1 billion investment in Subaru, so it looks like Subaru may not have much choice in the matter, just as SAAB doesn't.
No real new info other than it confirms that the two badge engineered additions are still real options and not just rumours or ideas floated to test the waters. Interesting in that it was co-written by both a European based and an American based staff writer, so it appears well researched.
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