1330 messages,
Last post on Aug 27, 2012 at 4:16 PM
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Saab
#1319 of 1330 I was simply passing along what...
by harmiclir
Jul 10, 2012 (1:42 pm)
seemed like considered opinions of Geico and my highly regarded body shop. You can accept it or ignore it. No skin off my nose, either.
#1320 of 1330 Re: SAAB Warranty Issue [robr2]
by nippononly
Jul 10, 2012 (8:18 pm)
I don't think I would make any more of those lease payments though.
#1322 of 1330 Re: the deal is still on [steve_]
by harmiclir
Aug 04, 2012 (9:59 am)
Whether this deal goes through or not will have no real effect on any of us. The "new" Saab is going to produce electric/hybrid cars for the domestic Chinese market.
#1323 of 1330 Re: the deal is still on [harmiclir]
by steve_ HOST
Aug 04, 2012 (11:02 am)
I dunno, there's still a lot of brand equity in the Saab name that could be put to use in the EU and in North America. I could see the name being licensed for another ICE model, maybe produced by a partner automaker if they convert the Trollhattan factory to nothing but EVs.
Last I heard, the various parties were still fighting over rights to the brand name.
And I understand that the Swedish government was taking over Saab Auto as a loan repayment, but I don't know if they get to keep the name either.
#1324 of 1330 picking over the carcass
by steve_ HOST
Aug 06, 2012 (6:23 am)
"Dutch company Spyker said it was suing General Motors for $3 billion on behalf of its subsidiary Saab, accusing the U.S. automaker of deliberately driving Saab into bankruptcy by interfering with a planned deal with a Chinese investor."
Spyker sues GM for $3 billion over Saab bankruptcy (Reuters)
My guess is that Spyker wants to settle this fast in exchange for the use of some of GM's technology.
#1325 of 1330 Re: picking over the carcass [steve_]
by harmiclir
Aug 06, 2012 (8:04 am)
I wish I could have any confidence that this was going to "end well" for Saab but I think you are quite correct that all that is left of our beloved company is a carcass, otherwise known as the "nameplate." I don't believe that Spyker has any leverage with GM at all at this point and that GM has already written down its investment in Saab to zero and will flick Spyker aside like a flea.
There is no value in Saab for US or European Saab-owners. Any "Saab" that exists, GM tech or none, will function only in China.
Game over.
#1326 of 1330 Re: picking over the carcass [harmiclir]
by steve_ HOST
Aug 06, 2012 (10:24 am)
Next GM will say that it's not their problem since Old GM was the one that got rid of Saab.
#1327 of 1330 Re: picking over the carcass [steve_]
by robr2
Aug 06, 2012 (10:30 am)
"Dutch company Spyker said it was suing General Motors for $3 billion on behalf of its subsidiary Saab, accusing the U.S. automaker of deliberately driving Saab into bankruptcy by interfering with a planned deal with a Chinese investor."
I've gotta laugh.
Spyker is suing GM for interfering in their sale of GM technology they licensed to a competitor in GM's largest market.
BWWWAAAAAHHHHHHHAAAAAAHHHHHHH!!!
#1328 of 1330 Re: picking over the carcass [steve_]
by texases
Aug 06, 2012 (6:23 pm)
"My guess is that Spyker wants to settle this fast in exchange for the use of some of GM's technology."
My guess? Spyker's just extorting some 'hush money' from GM.