Saving Saab: Property Sales Grants New Lease On Life?

Edward Niedermeyer
by Edward Niedermeyer
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6 of 8 comments
  • Erikhans Erikhans on Apr 11, 2011

    Saabista63, you are right about the information, sometimes I wonder about the boys on these blog site, and jump on news before it is completely verified....I also think they just comment to comment. It was either this site or that had Saab sales up %500 from last year. Gosh, It has only been 1 YEAR since SAAB broke from GM....These things take time and I am sure the suppliers are not giving SAAB any sort of breaks on payment schedules...The industry standard now is 90 days...I bet SAAB is being held to 60 or less. CJinSD, that is a deal on a new SAAB. I think we all forget cars are a total waste of money, SO, we might as well drive something that makes us happy.

    • Paul W Paul W on Apr 11, 2011

      "The industry standard now is 90 days…I bet SAAB is being held to 60 or less." Saab has 120 days credit, when they bother to pay at all, that is.

  • CJinSD CJinSD on Apr 11, 2011 Near as I can tell, 164 US Saab dealers are selling 31 cars on an average business day. That works out to 5 cars per dealer per month. That's enough to sustain one sales trainee per dealer. With discounts around 20%, being a Saab dealer is a costly hobby for everyone else involved.

  • Marko Marko on Apr 11, 2011

    I just saw my first 2011 9-5 on the road - it looked very nice in "carbon gray metallic". I thought they had just gone on sale very recently - but it seems like they have been available since last June! And I live in "Saab country"...

    • CJinSD CJinSD on Apr 11, 2011

      My local dealer still has 'new' 2010 9-5s in stock, which are already the latest models and have been taking up space for months and months.

  • Paul W Paul W on Apr 12, 2011

    Saab reports that even if they get an immediate injection of capital, production will be down for another week. The Spyker stock continues to plummet, down more than 30% since mid-February.