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GM Lets SAAB Die

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Old Dec 18, 2009 | 09:07 AM
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GM Lets SAAB Die

NEW YORK (CNNMoney.com) -- General Motors is shutting down its Swedish car brand, Saab, after attempts to close deal with a buyer failed.

GM had announced earlier this year that it was close to reaching a deal with Swedish super-carmaker Koenigsegg. That deal fell, though.

http://money.cnn.com/2009/12/18/auto...osed/index.htm
Old Dec 18, 2009 | 09:13 AM
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Well, for once, I actually don't care.
Old Dec 18, 2009 | 09:24 AM
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Such a shame I never really was a Saab fan (other than the Sonett III), but this just seems like the same sort of bungling Mercedes did with Chrysler.

If I were a swede car guy, I'd be pretty damn pissed.

Speaking of the Sonett III, it was powered by a Ford V4 engine that was the progenitor of the Cologne V6 used in the Mustang.

Last edited by bossco; Dec 18, 2009 at 09:28 AM.
Old Dec 18, 2009 | 09:29 AM
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Originally Posted by bossco
Such a shame I never really was a Saab fan (other than the Sonett III), but this just seems like the same sort of bungling Mercedes did with Chrysler.

If I were a swede car guy, I'd be pretty damn pissed.
The difference there is that Chrysler were doing well when Mercedes pulled their pirate ship up alongside.

I don't think GM did everything they could have with SAAB, but I've heard it said more than once that if GM had not bought SAAB, they wouldn't have been around this long. They were just too tiny and making cars is just too expensive.

Shame about the 9-4X and 9-5 since they were already design locked. Maybe they can be "recycled."
Old Dec 18, 2009 | 09:35 AM
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I know there are some die hard SAAB fans in the world, but I can't say that I'll miss the brand. There was nothing particularly impressive about SAABs.
Old Dec 18, 2009 | 09:43 AM
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I guess I just never really "got" SAAB.
Old Dec 18, 2009 | 10:09 AM
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I wonder if GM can make use of the 9-5? Can the redesign it and use it as something else? Anyone know if they even made any?
Old Dec 18, 2009 | 11:32 AM
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I was never a Saab fan. I think it was pointless for GM to buy them. It will be sad to see another car company go away. The Swedish can't be too happy with us.
Old Dec 18, 2009 | 11:59 AM
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3 years ago, we bought my wife's 04 9-3, and after owning it two and half years, I wasn't too thrilled with it. I'm glad we sold it when we did. Electronics are horrible, and they don't share many parts with NA epsilons. I do like the design of the later ones, but ultimately they don't make much sense in this automotive climate.
Old Dec 18, 2009 | 12:17 PM
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Glad to see it go. Another money sucker is gone. If no other company was willing to buy Saab... well, that really says something...
Old Dec 18, 2009 | 12:21 PM
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I guess Josh was a little off eh?
Old Dec 18, 2009 | 02:37 PM
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Just for fun, I asked my wife if she knew what a Saab was...

She said, "No, what's that?"

Good decision GM.
Old Dec 18, 2009 | 02:56 PM
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I dunno who it was (James May or Jeremy Clarkson, probably) that commented somthing along the lines of:

GM managers admitted they bought Saab as "sort of a hobby"

I cook for a hobby. That doesn't mean I should open a restaurant.
Old Dec 18, 2009 | 03:05 PM
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Title shouldn't be GM lets Saab die, they tried to keep it alive.
Old Dec 18, 2009 | 07:30 PM
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GM: No Plans To Sell New Saab 9-5 or 9-4X

DETROIT — General Motors on Friday said there are no plans to sell certain assets of its Saab brand, such as the redesigned Saab 9-5, which was supposed to go into production early next year, or the Saab 9-4X.
http://www.insideline.com/saab/gm-no...5-or-9-4x.html

I wonder if GM will do anything with these?



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