Ask the Car People.SM


The Future of Saab? - READ ONLY

1330 messages,  Last post on Aug 27, 2012 at 4:16 PM

You are in the Automotive News & Views-Archives Forum.

What is this discussion about? Saab

Messages Page 134 of 134

#1322 of 1330 Re: the deal is still on [steve_] by harmiclir

Aug 04, 2012 (9:59 am)

Replying to: steve_ (Aug 03, 2012 6:23 pm)
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)

Replying to: harmiclir (Aug 04, 2012 9:59 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)

Replying to: steve_ (Aug 06, 2012 6:23 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)

Replying to: harmiclir (Aug 06, 2012 8:04 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)

Replying to: steve_ (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."
 
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)

Replying to: steve_ (Aug 06, 2012 6:23 am)
"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.

#1329 of 1330 Re: picking over the carcass [texases] by steve_ HOST

Aug 06, 2012 (7:02 pm)

Replying to: texases (Aug 06, 2012 6:23 pm)
lol, bet you're right. They are saying they didn't need the technology anyway.
 
Follow the money. 3 billion is a tidy amount of hush money.

#1330 of 1330 appropriately named Phoenix by steve_ HOST

Aug 27, 2012 (4:16 pm)

"Youngman and Spyker will launch a second joint venture to be called Spyker Phoenix, which aims to develop a "new full range of premium car models based on the (Saab) Phoenix platform." The Phoenix models "will be positioned higher than the comparable Saab models were," said the Spyker statement. The Spyker Phoenix vehicles may be built in Europe and China, the Dutch car manufacturer said."
 
Spyker and Chinese Plan To Launch Saab-Based Cars (Inside Line)

Messages Page 134 of 134

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement