Saab: The Thing That Wouldn't Die

[cjforumadmin]

http://www.bangshift.com/blog/Saab-The-Thing-That-Wouldn-t-Die.html

[Andamo]

Re: Saab: The Thing That Wouldn't Die

As a former owner of 2 Saab's, I say let the name die. In typical GM fashion, they bastardized the Saab after buying it from Saab and it was/is not the same car.

[Blazerteam]

Re: Saab: The Thing That Wouldn't Die

http://www.spykercars.nl/?pag=50&jaar=&nid=646

[BobStuart]

Re: Saab: The Thing That Wouldn't Die

So GM cares what happens to SAAB now? Sell it, pay down what they owe me and if it drags Spyker under, so what. :o Or am I misunderstanding something?

[Brian Lohnes]

Re: Saab: The Thing That Wouldn't Die

Bob, they're afraid that Spyker won't be able to pay them as the company is tiny and currently lives on the credit of Russian banks.

[HoosierGTA]

Re: Saab: The Thing That Wouldn't Die

I say we take the Ruskys money! Probably spends better than ours. Specially with the Chinise which we seem to really need to pay back!

[38P]

Re: Saab: The Thing That Wouldn't Die

The calculation should be whether the sales proceeds, less the risk of Spyker's default and the extra competition that SAAB would then provide, outweights the costs of settling up with the dealers and shuttering the brand now.

Of course if GM sends SAAB to rest in peace next to Pontiac, Oldsmobile, etc. only a few brand loyalists and a relatively few other stakeholders are going to be miffed. If GM sells SAAB and it then craters, these same people are still going to be miffed and some of them might "lawyer up" and try to recoup against GM for muffing the disposal.

While some of us would have much rather have seen GM spin off its surplus divisions, the logic of killing them seems grimly apparent.

[JRoberts]

Re: Saab: The Thing That Wouldn't Die

As a former owner of 2 Saab's, I say let the name die. In typical GM fashion, they bastardized the Saab after buying it from Saab and it was/is not the same car.

Amen!