Saab sinking

GM has done to Saab what Daimler did to Chrysler, only more so. If this helps the Swedish company escape, even in greatly diminished form, I’m all for it:

Saab Automobile, the chronically ill Swedish subsidiary of General Motors, filed in Sweden for reorganization and protection from creditors — a move similar to Chapter 11 bankruptcy in the United States.
In one of the great spin jobs in recent memory, reluctant parent GM, in a press release announcing the bankruptcy filing, declared that its stepchild is now “on the road to independence.”
GM has been trying unsuccessfully to sell Saab for months. In a statement, Saab managing director Jan Ake Jonsson said, “We explored and will continue to explore all available options for funding and/or selling Saab, and it was determined a formal reorganization would be the best way to create a truly independent entity that is ready for investment.”
GM said it will continue to provide some funds and technical support but intends to spin off Saab by January 1, 2010.
GM acquired a 50 percent interest in Saab in 1989 and took full control in 2000. Since then, it has created a series of watered-down products for the brand that relied heavily on the GM global parts bin, including platforms and sheetmetal shared with Opel, Chevrolet and even Subaru.

Everyone involved with the “Saab” 9-7X, the best Chevy TrailBlazer ever built, should never be allowed to work in the automotive industry ever again.
Damian P.

7 thoughts on “Saab sinking

  1. Bruce Rheinstein says:

    Ian, I owned a 900S, before the major model change, and not only did they look different, but they worked differently enough that getting it fixed was a pricey endeavor.
    One of the oddest features was that it had power front windows and manual rear windows (the ones I couldn’t reach from the front seat). Another was that the sunroof would inevitably come off its tracks and rain would leak into the car. And for a car described as a “sports sedan” it had a fair amount of body roll.

  2. WJO says:

    I’m a proud Saab owner. Like Ford with Jaguar, quality improved. However, also like them, GM never seemed to comprehend where Saab fit in with its brands. Drift in management and marketing seems to be a theme at GM.

  3. Gord Tulk says:

    Yes the trailblazer variant was an abomination (has anyone ever seenon in the flesh?) but the saabaru that was pushed as being a real saab and was supposed to be a major source of sales really crushed the brand. And how would you like to be a parts manager or service tech for saab with all of those totally different product lines?

  4. Damian P. says:

    The Saaburu was also an abomination (I almost mentioned it in my original post) but at least it was based on a decent vehicle. The TrailBlazer was outdated when it hit the market, and the Saabrolet version came out several years later.

  5. Tex says:

    I 0wn a 1996 Saab 900S and a 1986 Saab 900.
    The Classic 86 hatchback is the best car I have ever had. he 86 – I can out a refrigerator in it.
    I dislike American cars, they are about muscle nd little about practical design.
    GM screwed up Saab The poor mans luxury car.
    I will never forgive these Americans.
    Hopefully the Chinese will not get a hold of them!

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