By on January 4, 2010

Let’s go for a ride. Picture courtesy

Loss-making Dutch boutique carmaker Spyker (well, Spyker actually stopped making cars, and is outsourcing whatever car production is left to UK’s CPP) is revising – for a third time –  its bid for GM’s loss-making Swedish carmaker Saab. Spyker received a new deadline of January 7th, Reuters reports. Everything else has already been said.

Get the latest TTAC e-Newsletter!

9 Comments on “Saab Un-Dead Watch: New Deadline Until Thursday...”

  • avatar

    This is just painful…  Pull the plug already!

  • avatar
    Cammy Corrigan

    Since all the technology and tooling was sold to BAIC , what are Spyker actually bidding for? The badge?  If so, what are they going to attach them to? They’re not mass volume manufacturers, so what’s the point of this?
    As “Jigsaw” might say, it’s “Game over” for Saab.
    Ahem, TTAC covered Spyker relocating manufacturing to the UK.

    • 0 avatar

      The tooling that BAIC bought was for the outgoing 9-5 and pre-2006 9-3. Neither of these models were still being manufactured at the time of the sale.

      SAAB still owns the new 9-5 and the post-2006 9-3, as well as the upcoming 9-4x, which is practically complete. These designs should transfer to the next owner, should a sale complete.

  • avatar

    I’ve rather enjoyed Saab’s lingering demise only because I still get a chuckle out of the picture of that godawful Saab hearse.  What did they do, lop the top off of a Ford Transit and paste it on the top of a badly stretched 900? Or did the boys over at Top Gear go to a funeral and come home saying “how hard can it be?”

  • avatar

    Large Man with Dead Body: Here’s one.
    The Dead Collector: That’ll be ninepence.
    The Dead Body That Claims It Isn’t: I’m not dead.
    The Dead Collector: What?
    Large Man with Dead Body: Nothing. There’s your ninepence.
    The Dead Body That Claims It Isn’t: I’m not dead.
    The Dead Collector: ‘Ere, he says he’s not dead.
    Large Man with Dead Body: Yes he is.
    The Dead Body That Claims It Isn’t: I’m not.
    The Dead Collector: He isn’t.
    Large Man with Dead Body: Well, he will be soon, he’s very ill.
    The Dead Body That Claims It Isn’t: I’m getting better.
    Large Man with Dead Body: No you’re not, you’ll be stone dead in a moment.
    The Dead Collector: Well, I can’t take him like that. It’s against regulations.
    The Dead Body That Claims It Isn’t: I don’t want to go on the cart.
    Large Man with Dead Body: Oh, don’t be such a baby.
    The Dead Collector: I can’t take him.
    The Dead Body That Claims It Isn’t: I feel fine.
    Large Man with Dead Body: Oh, do me a favor.
    The Dead Collector: I can’t.
    Large Man with Dead Body: Well, can you hang around for a couple of minutes? He won’t be long.
    The Dead Collector: I promised I’d be at the Robinsons’. They’ve lost nine today.
    Large Man with Dead Body: Well, when’s your next round?
    The Dead Collector: Thursday.
    The Dead Body That Claims It Isn’t: I think I’ll go for a walk.
    Large Man with Dead Body: You’re not fooling anyone, you know. Isn’t there anything you could do?
    The Dead Body That Claims It Isn’t: I feel happy. I feel happy.
    [the Dead Collector glances up and down the street furtively, then silences the Body with his a whack of his club]
    Large Man with Dead Body: Ah, thank you very much.
    The Dead Collector: Not at all. See you on Thursday.
    Large Man with Dead Body: Right.

  • avatar

    No, no and no!
    What has been sold to BAIC is the tooling for cars that are already or are running out of production. The technology in question is 10 years old and belongs to the old Saab 9-5 and the 9-3 as it was produced before its 2008 facelift. Spyker wouldn’t be too hot for that stuff, anyway.
    The badge is certainly not something to bid for, as the brand name actually belongs to Swedish truck producer SCANIA and SAAB Technology AB, a producer of aircraft and defense technology .
    We all don’t know what the GM board will decide to do, but if they really “pull the plug”, the positive effects on the automotive industry in general and GM in particular will be – to say the least – rather limited. Fervent SAAB bashers will love it, though!

  • avatar

    GM is behaving like the coyote and road runner where the coyote keeps drawing lines in the sand for the road runner to cross…
    “Cross this line… ok, now cross this line”.
    Undoubtedly, someone at GM thinks this is how they’ll gain leverage for trying to finagle more out of selling their “premium brand”.  Despite the departure of the worst of the knuckle draggers, GM continues to demonstrate their “leaders” have little insight or understanding of the perception of GM outside of their offices.

  • avatar

    GM made all the US SAAB dealers sign an agreement to terminate their franchise rights, but it is contingent on GM making good faith efforts to sell SAAB.
    GM doesn’t want to sell SAAB — they don’t want the buyer to walk away with the new 9-5.  Dragging out the clock looks like good faith.  All GM wants to make sure is they don’t get sued by US SAAB dealers….

  • avatar

    Makes me think of two things:

    1.  Despite no change in behaviour, it always looks like genius (or sane) on the way up, but idiotic (or crazy) on the way down… it is very interesting to see the lousy behaviour of GM (or any overbearing company) revealed in these thousands of snippets…

    2.  Definition of insanity:  Keep doing the same thing, but expecting different results.

Read all comments

Recent Comments

  • Garak: Honestly, just the low maintenance of the electric drivetrain sounds appealing to me. Gas or diesel Rangers...
  • stuki: For a current production car, it’s almost bizarre. Really sluggish, to the point of almost wanting to...
  • Oberkanone: 250 HP AWD Hatchback or Sedan Mazda3 Turbo, a vehicle you can buy and drive. So much more fun than...
  • RHD: ILO needs to wake up… and get a life.
  • Carlson Fan: “I could see quite a few places where you’d might want an electric model.” I’ll bet my...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Jo Borras
  • Mark Baruth
  • Ronnie Schreiber