Saab Just Might Have Life Yet
Breaking news from Europe is that exotic Dutch carmaker Spyker has made an unusual Sunday morning request to GM to look at a new offer on the table to rescue the beloved Saab brand. The Dutch automaker sure hopes that GM might accept this new offer, otherwise the Saab brand will almost certainly die. On Friday, GM announced that a breakdown in talks resulted in a decision to phase out the Saab brand. Previously, a Chinese firm made an offer to purchase older model Saab technology and tooling for some Chinese brand intended only for China's growing domestic car market which now exceeds the United States market in production.
Will GM accept the new offer? Monday morning financial news might prove real interesting.
Saab has plenty of cool concept cars in the works such as this one. Will they ever see the light of day?
posted by Paul Hooson @ 12:48 PM
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