Saturday, December 19, 2009

REPORT: Swedish government to meet with GM officials - could Saab still be saved?


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

Less than a day after General Motors officially announced Saab's euthanization, it looks same the storied Nordic brand strength still hit the faintest whisper of a pulse. Motor Trend is news that there are rumors moving that the Nordic polity module stop emergency meetings this weekend to essay to spend Saab. At small whatever polity officials ostensibly wager that Saab is too important to fail... today where hit we heard that before? With such a small population, the closure of Saab could hit a field effect on the nation's economy, such same the unfortunate of GM (and Chrysler, to a lesser extent) was viewed as potentially catastrophic in the States.

Some 3,400 employees module be jobless when GM completes its designed "orderly twine down" starting in January. That judge doesn't allow workers from the 1,100 Saab dealers that module also be closed around the globe.

Despite the unsuccessful selloff, things look same they're picking up at The General. The maker announced yesterday that they had paying back the prototypal $1 1000000000 TARP money they borrowed from us the U.S. government. BAIC, Koenigsegg, Spyker and others had attempted to move into the Saab fire-sale, but every hit become discover burned. Well, BAIC at small scored tooling for the older 9-3 and underway 9-5. With a new-for 2010 9-5 having condemned the initiate at machine shows around the sphere in recent months and the 9-4X in the wings, we'd love to wager every of the Saab truehearted intend an early Christmastime gift. We're definitely not retentive our breath, but we'll keep you posted finished the weekend should anything materialize.


Gallery: 2010 Saab 9-5


Gallery: city 2008: Saab 9-4X Concept springy reveal


[Source: Motor Trend]

Filed under: Performance, Government/Legal, Hirings/Firings/Layoffs, Plants/Manufacturing, GM, Saab, Earnings/Financials, Rumormill, Luxury

Tags: BAIC, baic saab, baic saab tooling, BaicSaab, BaicSaabTooling, GM Saab, gm saab sale, GM sale, GmSaab, GmSaabSale, GmSale, koenigsegg, koenigsegg saab, KoenigseggSaab, Saab, saab 9-3, Saab 9-4x, saab 9-5, saab gm, Saab9-3, Saab9-4x, Saab9-5, SaabGm, spyker, spyker Saab, SpykerSaab, sweden, Nordic Government, SwedishGovernment



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