Saab To Die Another Day
Of course, that day could come as soon as next week, when GM’s board holds its monthly meeting. And unless a serious bid shows up post-haste, Saab will most likely be euthanized at that point. In the meantime, GM’s management is happy to keep the Swedish government hanging on. “I talked to GM last night and my impression is that they have not given up hope,” Joran Hagglund, state secretary at Sweden’s Industry Ministry tells Automotive News [sub]. But after the months of wrangling to get the Koenigsegg deal where it was when it fell apart, Sweden’s government acknowledges that “for every day that passes the challenge gets bigger and bigger.” While we await word on Saab’s uncertain future, and worry about how the boys at Saabsunited are holding up, we’ve dispatched our man in Sweden to sort through the hand-wringing and recrimination in the Swedish press and report some key findings. Frankly though, this is feeling like the end of the line for Saab.