SAAB Closing

[Hefemeister]

The last potential buyer for SAAB, Dutch Spyker, has pulled out and GM has given notice of the closure of SAAB.

Saab läggs ned - 8000 jobb på spel - Saab - www.ttela.se
Sorry it is in Swedish.

This will really hurt the economy in the area in which I live as up to 8,000 jobs will be lost including the jobs of many people I know.

More info:

PARIS — Saab, whose stylish yet idiosyncratic cars drew a fiercely loyal customer base over the last six decades, is set to close after last-minute negotiations by General Motors to sell the beleaguered brand collapsed Friday.

The news of Saab's closure caps a calamitous year for the global auto industry, with G.M. and Chrysler both filing for bankruptcy while foreign carmakers racked up billions in losses.

http://www.nytimes.com/2009/12/19/business/global/19saab.html

 

[Antec-User]

Yeah I saw that on the news this morning..One of the ugliest cars ever built, imo. Sucks about the jobs though.. I've been unemployed for a year, living off my GI Bill for now.

 

[Harper]

Too feel sorry for the jobs that are going. But SAAB is going to be missed in my books. Ugly Cars, and the drivers are normally complete tossers.

 

[meat_helmet]

Too feel sorry for the jobs that are going. But SAAB is going to be missed in my books. Ugly Cars, and the drivers are normally complete tossers.

I had a saab...so your pretty much on the mark there! lol.

Still, wasn't a bad car - good for the price i got it for. I never like it when any car company goes bust, so i think its a bit of a shame.

 

[aliasaid]

I've read somewhere that saab cars aren't the best of quality, especially recently... but i am diggin the european look. Speaking of deals falling through, did Opel get sold yet? Or has that fallen through as well?

 

[Hefemeister]

GM appears to be restructuring opel as they need it for their overseas sales.

 

[Harper]

My former boss as a SAAB. Over priced and they devalue very quickly.
He paid about $60 000 for one brand new. Looked after it and every thing. 3 Years later, the same dealership was going to give him $8000 for it.

GM appears to be restructuring opel as they need it for their overseas sales.

Really...... you got any links on this? Opel (EU) = Holden (Aust)

 

[veg1992]

My former boss as a SAAB. Over priced and they devalue very quickly.
He paid about $60 000 for one brand new. Looked after it and every thing. 3 Years later, the same dealership was going to give him $8000 for it.



Really...... you got any links on this? Opel (EU) = Holden (Aust)

This, especially the 9-7X, I don't know why anybody would pay $40,000 what is basically an over-glorified Chevy Trailblazer.

 

[Antec-User]

GM appears to be restructuring opel as they need it for their overseas sales.

I was stationed in Germany and I saw a lot of the Opel cars. They are almost the exact duplicate of Chevy over there. One guy in our shop had one that was actually really nice.. 18" wheels and a tune.. Very sporty lookin.

Kinda like this one.. an 02~ish with a turbo 4 cyl 2.2L Ecotech, IIRC.

 

[Hefemeister]

Really...... you got any links on this? Opel (EU) = Holden (Aust)

The restructuring plan will allow Opel to maintain its own balance sheet and make its own decisions, but GM will keep a stake in the company. In a news release, GM Europe said that "Opel remains an integral and important part of GM's global operations and will continue as such in the future."

GM Europe restructures Opel as a separate unit - CNN.com