Tuesday, December 15, 2009

REPORT: No alternatives left - Whitacre says it's Spyker or the Grim Reaper for Saab

2010 Saab 9-5 - Click above for high-res ikon gallery

It's now or never. By the modify of Dec General Motors will either discharge itself of Saab by commerce the Nordic maker or by permanently closing its doors. And there is but digit company invitation for the Nordic maker -- Spyker -- which has still to invoke a profit. GM Chairman and interval CEO Ed Whitacre told a group of reporters at the company's Detroit office that Spyker is the exclusive maker left invitation for the perennially struggling automaker. Whitacre reportedly told attendees that striking a care was "possible," but he then reiterated that Saab would near if the care isn't struck by the modify of the year.

At the aforementioned time, the General is also reportedly commerce soured bits to the outgoing Saab 9-5 and the pre-2006 9-3 to Asiatic maker BAIC. Tooling for the vehicles is probable never to be utilised by GM or Spyker in the forthcoming so the move makes plentitude of business sense.

While the potential demise of Saab saddens us, especially when considering how near the Nordic maker is to launching the newborn 9-5 and perhaps the 9-4, it's nice to see that the General is finally moving apace and decisively to right its ship. Hat counsel to MowtownMan!


Gallery: 2010 Saab 9-5



[Source: Reuters]

Filed under: GM, Saab, Spyker

Tags: ed whitacre, EdWhitacre, generalized motors, GeneralMotors, gm, saab, saab sale, SaabSale, spyker, Trollhattan



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