Jerry York's reversal: No longer advocating selling off Saab!
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From: The Golden State
Jerry York's reversal: No longer advocating selling off Saab!
Seems Bob Lutz got to him. 
By the way, you may want to check out the car at the start of the article. 
http://www.detroitnews.com/apps/pbcs...TO01/602280374
"I've spoken at length with Jerry York," said Lutz, referring to the board member who is a key aide to the automaker's third-largest shareholder, Kirk Kerkorian. "And he's off this get-rid-of-Saab thing."...
..."Saab is no longer an independent company that you could sell off as a unit," Lutz said.
He said GM had integrated the Swedish carmaker into its new global vehicle development system, sharply reducing the unit's costs. "It will be profitable soon," he said. "Of course we'll keep it."
..."Saab is no longer an independent company that you could sell off as a unit," Lutz said.
He said GM had integrated the Swedish carmaker into its new global vehicle development system, sharply reducing the unit's costs. "It will be profitable soon," he said. "Of course we'll keep it."
http://www.detroitnews.com/apps/pbcs...TO01/602280374
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From: five-one-oh/nine-oh-nine
Re: Jerry York's reversal: No longer advocating selling off Saab!
Originally Posted by from the article
But GM officials emphasized that Saab needs to improve its performance and contribute to the turnaround at GM Europe, which aims to break even this year.
"We left it independent way too long," said Lutz, who is GM's top global product development manager. "Three years ago, Saab had its own capital budget. They ran the business as if it didn't belong to General Motors. Now, it's totally blended into the worldwide (vehicle) architecture plan."
"We left it independent way too long," said Lutz, who is GM's top global product development manager. "Three years ago, Saab had its own capital budget. They ran the business as if it didn't belong to General Motors. Now, it's totally blended into the worldwide (vehicle) architecture plan."
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