Saab Officially Flatlines
Between the tooling for the old Saab 9-5 being shipped off to China and GM “starting” the wind down process, even the most optimistic, “fuel tank is half full” members of the auto world are starting to think that it’s “game over” for Saab. Well, here’s the final nail (barring a completely audacious bid, from an equally audacious company, who want to spend millions of pounds on a damaged brand) in the coffin of Saab. The Local, a Swedish website, reports that GM are officially killing all plans to bring the new 9-5 to production. “It would be so sad that it never sees the light of day despite the fact that it’s a fantastic car,” admits GM vice chairman Bob Lutz.
“If you want to earn a small fortune on Saab, you have to start with a huge fortune.”
If all of this weren’t enough to convince you that Saab’s near-death experience has officially become a death experience, Ed Whitacre confirmed it to Reuters at the Detroit Auto Show, saying “we’re closing down Saab.” “Rather an end filled with terror than terror with no end,” explains Bob Lutz. How much more explicit can it get? Good thing we’ve already said our goodbyes…
More by Cammy Corrigan
Latest Car Reviews
Read moreLatest Product Reviews
Read moreRecent Comments
- Varezhka Of all the countries to complain about WTO rules violation, especially that related to battery business…
- Carson D At 1:24 AM, the voyage data recorder (VDR) stopped recording the vessel’s system data, but it was able to continue taping audio. At 1:26 AM, the VDR resumed recording vessel system data. Three minutes later, the Dali collided with the bridge. Nothing suspicious at all. Let's go get some booster shots!
- Darren Mertz Where's the heater control? Where's the Radio control? Where the bloody speedometer?? In a menu I suppose. How safe is that??? Volvo....
- Lorenzo Are they calling it a K4? That's a mountain in the Himalayas! Stick with names!
- MaintenanceCosts It's going to have to go downmarket a bit not to step on the Land Cruiser's toes.
Comments
Join the conversation
Gee... just like Lutz and the rest of the incompetents at FUGM, very few here can keep their eye on the ball either. Once again Lutz, GOOD FING LUCK selling your V6 and 8 beige spacklemobiles when fuel goes back over $4. And your 4 cylinders aint that hot either. Killing Saab is like killing all the pretty women because weve already got too many ugly ones. The industry over-capacity is in Japan, Korea , USA, Canada, China and Germany by and large...NOT western Sweden.
What does this do to incentives on new SAABs? Is it possible I can roll down to a dealer and buy one for the price of a new hyundai? That would be an interesting gamble